ASX 200 to take a ‘backwards step’ at the open on Monday

CommSec’s Tom Piotrowski says the Australian share market is expected to take a “backwards step” when trading gets underway on Monday morning.

“The futures are pointing towards a decline of 0.7 of a per cent for the ASX 200,” he told Sky News Australia.

“It reflects, I suppose, a mixed finish for US and European markets at the end of last week.”

Presented by CommSec.

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