The Australian market is poised to open flat later this morning, despite falls on Wall Street overnight.

The June SPI futures contract is up just one point, 5575.

US stocks finished lower, ending a two-day surge in equities as traders eyed tough negotiations between Greece and international creditors.

Locally today, official housing finance figures for March are released, the ANZ-Roy Morgan weekly consumer confidence survey is due out and Treasurer Joe Hockey hands down the federal budget in the evening.

In equities news, Coca-Cola Amatil holds its annual general meeting, Orica releases its half year results and the CSR full year results are due out.

Key numbers:

* SPI futures down 6pts to 5568

* AUD at 78.93 US cents, 94.82 Japanese yen, 70.76 Euro cents and 50.64 British pence

* On Wall St, S&P 500 -0.5%, Dow -0.5%, Nasdaq -0.2%

* In Europe, Stoxx 50 -0.7%, FTSE -0.2%, CAC -1.2%, DAX -0.3%

* Spot gold down $US4.65, or 0.4% to $US1183.74 an ounce

* Iron ore jumps 2.6% to $US63.02 per tonne

* Brent crude down 54 US cents, or 0.8% to $US64.85 a barrel

What’s on today:

Australia federal budget, housing finance, credit and debit card lending, weekly consumer confidence, US federal budget (April).

Stocks in focus:

CSR full-year results, Orica half-year results.

Macquarie Wealth Management has maintained an “outperform” on Tatts Group and a price target at $4.20 a share.

PanAust is now an “underperform” recommendation at Credit Suisse, from “outperform” previously, with a reduced price target at $1.85 a share, from $2.10 previously.

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