Markets Live: ASX rises while Australian dollar nears highest level in almost eight months.

Six hours ago, the Australian dollar broke through a key resistance point, rising to 65.8 US cents amid a weaker US dollar.

Wall Street ended the financial year at a record high, while the ASX 200 posted a 10% gain for FY25 and is continuing its rise on the first trading day of the new financial year.

Stay updated with live coverage and analysis from our expert business reporters.

Note: This blog is for informational purposes only and does not constitute investment advice.

• ASX 200: Up 0.18% at 8,557 points (live updates below)
• Australian dollar: Down 0.33% to 65.57 US cents
• Nikkei: Down 0.6% to 40,240 points
• Hang Seng: Down 0.9% to 24,072 points
• Dow Jones: Up 0.6% to 44,095 points
• S&P 500: Up 0.5% to 6,205 points
• Nasdaq: Up 0.5% to 20,370 points
• FTSE: Down 0.4% to 8,761 points
• EuroStoxx: Down 0.4% to 541 points
• Gold (spot price): Up 0.4% to $US3,316/oz
• Brent crude: Down 0.4% to $US66.47/barrel
• Iron ore: Down 0.1% to $US94.52/tonne
• Bitcoin: Down 0.29% to $US107,309

Data accurate as of approximately 12:10pm AEST.