1. Trump legal team admits possibility that ex-president could be charged
Donald Trump’s legal team has acknowledged the possibility that the former president could be indicted amid the investigation into his retention of government secrets at his Mar-a-Lago resort in Florida. (The Guardian)

2. Two states in firing line as 'band of rain and thunderstorms' loom
Up to 70mm of rain could soak New South Wales today, prompting warnings about dangerous flash flooding. NSW and southern Queensland are bracing for heavy falls and potentially severe storms until Thursday.

3. Pilbara Minerals lithium cargo fetches $US7708/dmt
Pilbara Minerals intends to accept the highest bid of $US6988 per dry metric tonne (dmt) for a cargo of 5000 dmt of lithium spodumene at its latest digital auction.

On a pro rata basis for lithia content, and adjusted to be inclusive of freight costs, that equates to a price of $US7708 per dmt. (AFR)

4. PM returns to Australia about VIP RAAF jet
Prime Minister Anthony Albanese has returned to Australia with the rest of the local delegation that attended Queen Elizabeth II's funeral.

RAAF flight ASY 365 has just touched down in Sydney, after a trip from the UK via Dubai and Singapore. (Nine News)

5. ASX futures down over 1%
ASX futures were down 71 points or 1.04% to 6743 near 6.30am AEST, with the AUD -0.5% to 66.92 US cents.

On Wall St: Dow -1% S&P -1.1% Nasdaq -1%.

In Europe: Stoxx 50 -0.9% FTSE -0.6% CAC -1.4% DAX -1%.

Brent crude -1.6% to $US90.55 a barrel.

10-year yield: US 3.56% Australia 3.63%.