Company Interview / the open: ASX to rise, Trump's bill passes senate

The local market is set for a positive opening with ASX futures pointing up 0.2%. 

Investor sentiment on Wall Street was tempered late in the session when President Trump said he was not considering an extension of the July 9 deadline for countries to negotiate trade deals with the US. Meanwhile, the Nasdaq snapped its six-day winning streak. 

Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group's August output policy. Copper rose 0.1%, whilst iron ore fell 1.0% to $93 a tonne. The Australian dollar currently trades around US65.8c. 

Gold has added more than 1% as investors sought safe haven assets after President Trump's "big, beautiful bill" passed in the Senate, ahead of the July 9 deadline for trade tariffs.