Amcor, Telstra to report; US stocks modestly lower

News Snapshot:

On bitstamp.net, bitcoin was 0.5 per cent lower to $US29,161 at 4.48am AEST. The yield on the US 10-year note was 5 basis points higher to 4.26 per cent near 3pm in New York. “Today’s minutes confirmed that the Fed has kept the door open to additional rate hikes despite decelerating price pressures and signs that labour market conditions are beginning to come into better balance,” TD Securities said. “This progress has seen the ‘soft landing’ narrative become more popular, and has been reflected in financial markets, which expect the Fed to begin easing policy in the first half of...