Live updates: ASX poised for a rise, mirroring Wall Street's upward trend, as oil prices surge due to Iran tensions. Telstra, Wesfarmers, and Rio Tinto are set to release results, with Wesfarmers already reporting a 9% profit increase. The ASX 200 futures indicate a 0.5% gain, while the Australian dollar weakens. Wall Street's tech-driven rally continues, with the S&P 500 and Nasdaq showing strong performance. However, the Middle East tensions are causing oil prices to spike, impacting the market sentiment. Brambles, Bega Cheese, and Transurban also report solid profit jumps and dividend increases. Medibank's profit edges lower, but dividends rise. The day's events promise to be a rollercoaster, with key results and economic data releases, all while the market navigates global geopolitical challenges.
