Wall Street returned from the long weekend on the back foot as escalating tensions in the Middle East pushed oil prices closer to US$100 a barrel and reignited inflation concerns. The ASX is poised to buck the trend with a slightly stronger open after yesterday’s sharp fall. Plus, why Australian shopping centres continue to thrive despite the rise of online retail.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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