Market Open: Stabilising oil, easing volatility, and stronger US economy to all to help Oz stocks rebound | March 5

Market Overview - The ASX is expected to open with a +1% increase, indicating a potential rally despite ongoing volatility from the U.S.-Israeli attacks on Iran [1] - Global markets showed positive movement, with the Dow increasing by +0.5% and the Nasdaq by +1.3%, while the FTSE and Stoxx also saw gains of +0.8% and +1.4% respectively [3] Company Updates - Star Entertainment Group (ASX:SGR) is in the spotlight as it faces court questioning regarding alleged money laundering breaches [5] - Life360 (ASX:360) has experienced a significant decline of -24% over the past month, with a recent write-down by Barrenjoey resetting price targets from $50 to $27 per share due to concerns over its growth objectives [6] - Deep Yellow (ASX:DYL) is exploring investor reactions for a potential capital raise aimed at funding expansion in Namibia [7] - TPG-backed Greencross has decided to pause its IPO plans until market conditions stabilize [7] Commodity and Currency Insights - The Australian dollar is trading at US 70.7 cents [7] - In commodities, Iron Ore is down -0.4% at $98.65 per tonne, Brent Crude is stable at $82 per barrel, and Gold is priced at $5,161 per ounce [7]