Australian Stock Report - Market Pulse
Morning market update - 20 March, 2015
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Publish date: Fri, 20 Mar 2015, 09:05 AM
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Welcome to MarketPulse, the Australian Stock Report's financial market blog. In the MarketPulse blog we aim to provide frequent updates on current events across the financial markets, including market wraps, articles in the news, opinions, reviews, financial education and finally our top tip of the week. The blog is published by the Australian Stock Report research and report editing team together with our very own "Passionate Trader", Carl Capolingua.
The Australian market looks set to open lower later this morning, after Wall Street retreated overnight where energy stocks fell along with the price of oil.
The June SPI futures contract is down 13 points, at 5940.
In local economic news today, the Reserve Bank of Australia governor Glenn Stevens is slated to speak at an American Chamber of Commerce in Australia lunch in Melbourne.
No major equities news is expected.
Key numbers:
- SPI down 13 points at 5940
- AUD at 76.19 US cents
- Dow Jones -0.60%, S&P500 -0.46%, Nasdaq +0.27%
- FTSE100 +0.25%, CAC +0.07%, DAX -0.20%
- Spot gold up 0.2% at $US$1170.32 an ounce
- Brent oil down 2.5% at $US54.54 per barrel
- Iron ore down 48 US cents at $US55 a tonne
The post Morning market update – 20 March, 2015 appeared first on Market Pulse.
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