‘Positive territory’: Local markets enjoy overnight boost

CommSec’s Tom Piotrowski says the local markets and their boost in the past 24 hours is ‘positive territory’. “We’ve been under quite a bit of pressure lately because of the downward spiral for commodity prices,” Mr Piotrowski told Sky News Australia. “We’ve seen … a little bit of a rebound in the last couple of days and optimistically we are expected to kick off in positive territory by this margin this morning.” Presented by CommSec.