ASX Market Open: Wall Street rockets to new records, Oz traders trail in wake | Sep 19

Market Overview - Wall Street has reached new intraday highs following a Federal Reserve rate cut, with optimism reflected in global markets including Australia [1][2] - The ASX 200 futures are expected to open approximately +0.57% higher, aligning with U.S. index movements, particularly the S&P 500 which rose +0.48% [2] - Global equity markets are experiencing a similar upward trend, with London's FTSE 100 rising +0.2% and the Nikkei 225 increasing by +1.1% [3] Company News - Analysts suggest that the recent pullback in Santos (ASX:STO) shares, which fell to $6.74, is overly bearish following a failed Middle Eastern takeover [5] - Woodside Energy (ASX:WDS) is also noted to have suffered significant value loss despite recent weak results [5] - Equinox Resources (ASX:EQN) has signed away the Alturas Project for C$300,000 in cash and C$400,000 in shares [6] - Kula Gold (ASX:KGD) has reported visible gold at its Mt Palmer project, although the company's managing director remains cautious before assays [6] - Perseus Mining (ASX:PRU) has received presidential authority to commence operations at its Yaouré Gold Mine in Côte d'Ivoire [6] Commodities and Forex - The Australian dollar is trading at 66.1 U.S. cents [7] - Iron Ore prices have decreased by -0.3% to $105.60 per tonne, while Brent Crude is priced at $67.47 per barrel [7] - Gold prices have continued to decline, currently at $3,645, and U.S. natural gas futures have dropped -5% to $2.94 per gigajoule [7]