Why are asx futures higher this morning?

Global risk appetite improved after a Wall Street rally led by big tech and a Nikkei record high boosted Asia sentiment. Those leads typically support early buying in growth and financials. Local traders also expect clarity from Westpac confidence and NAB surveys, while positioning ahead of US CPI can add pre-open demand.

What matters most for ASX 200 today?

Three things stand out: global tech momentum, the tone from Japan’s equity strength, and local data on confidence and business pricing. If breadth is firm and banks hold gains, rallies tend to stick. Watch miners for confirmation via commodity moves and China headlines, and watch the AUD for cross-asset signals.

How could Westpac and NAB prints affect sectors?

Stronger confidence can lift discretionary retail, autos, and housing-linked names. Softer pricing in the NAB survey would help REITs and small caps by easing rate fears. Weak reads would likely rotate flows toward staples, insurers, and cash-generative value. Banks benefit if demand holds and arrears risks remain contained.

What risks could derail a local rebound this week?

A hotter-than-expected US CPI could push yields higher and hit growth stocks. Disappointing US retail sales would cloud earnings visibility. Locally, weak confidence or sticky cost pressures might weigh on cyclicals. A stronger AUD can also pressure exporters. Manage risk by sizing moderately and avoiding breakouts that lack volume.

Global Market Insights

ASX Futures February 10: Wall St Tech, Nikkei Jump Signal Rebound

ByHuzaifa Zahoor February 10, 2026February 10, 2026

ASX futures point higher after a Nvidia-led Wall Street rally and a Nikkei record high improved risk mood across Asia. We see the local rebound extending if tech and financials open firm. Traders will track Westpac consumer confidence and NAB business surveys for clues on demand and pricing. US retail sales and CPI later this week could shift rates expectations, the AUD, and sector leadership. Stay nimble: global leads favour a positive start, but data could quickly change sentiment.