Scoreboard: Geopolitical jitters

Investors are set to push the local market lower amid continued geopolitical concerns, while the tense mood has the price of gold higher.

The Australian sharemarket is poised for a softer start after weak sessions on Friday in Europe and North America. Geopolitical jitters dominate including concerns over Russia, Ukraine, Argentina and Gaza. The futures market is tipping a 26 point fall for the ASX 200 at the start of trade and that seems appropriate given the declines seen in the US.

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