Australian Stock Report - Market Pulse
Morning market update - 19 May, 2015
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Publish date: Tue, 19 May 2015, 08:54 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 higher later this morning, following gains on Wall Street overnight.
The June SPI futures contract is up 24 points, at 5689.
In the US, the Dow Jones and SP 500 indexes closed at fresh highs, helped by acquisitions in the pharmaceutical and apparel sectors.
In local economic news today, the Reserve Bank releases minutes of its May board meeting, and the ANZ-Roy Morgan weekly consumer confidence survey is due out.
Key numbers:
- SPI up 24 points at 5689
- AUD at 79.83 US cents
- Dow Jones +0.14%, S&P500 +0.30%, Nasdaq +0.60%
- FTSE100 +0.12%, CAC +0.37%, DAX +1.29%
- Spot gold up 0.9% at $US1225.22 an ounce
- Brent oil down 0.6% at $US66.27 per barrel
- Iron ore down 1.1% at $US60.65
The post Morning market update – 19 May, 2015 appeared first on Market Pulse.
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