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Markets Live: ASX dips on trade, NAB down

Here are the overnight market highlights:

SPI futures down 43 points or 0.7% to 6003

AUD flat at 71.00 US cents

On Wall St at 2.38pm: Dow -1.1% S&P 500 -1.4% Nasdaq -1.4%

In New York, BHP -1.2% Rio -1.3% Atlassian -1.7%

In Europe: Stoxx 50 -1.9% FTSE -1.1% CAC -1.8% DAX -2.7%

Spot gold +0.3% to $US1310.85 an ounce at 1.02pm New York time

Brent crude -2.8% to $US60.94 a barrel

US oil -3.5% to $US52.12 a barrel

Iron ore n/a

Dalian iron ore n/a

LME aluminium -0.7% to $US1894 a tonne

LME copper -0.5% to $US6246 a tonne

2-year yield: US 2.48% Australia 1.69%

5-year yield: US 2.46% Australia 1.75%

10-year yield: US 2.66% Australia 2.15% Germany 0.11%

US-Australia 10-year yield gap at 6.40am AEDT: 51 basis points

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