Australian Stock Report - Market Pulse

Morning market update - 23 June, 2015

marketpulse
Publish date: Tue, 23 Jun 2015, 03:27 PM
marketpulse
0 1,810
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 Aussie market is poised for a positive start later this morning, following solid gains on Wall Street overnight.

The September SPI futures contract is up 23 points, at 5578.

US and European stock markets advanced amid growing optimism that a deal will soon be reached which could avert a Greek default.

In local news today, the ANZ-Roy Morgan weekly consumer confidence survey is due out and the Australian Bureau of Statistics releases its residential property prices data for the March quarter.

Key numbers:

– SPI futures up 23pts at 5578

– AUD at 77.26 US cents, 95.33 Japanese yen, 68.15 Euro cents and 48.85 British pence

– On Wall St, S&P 500 +0.6%, Dow +0.6%, Nasdaq +0.7%

– In Europe, Stoxx 50 +4%, FTSE +1.7%, CAC +3.8%, DAX +3.8%

– Spot gold down $US14.32 or 1.2% to $US1185.95 an ounce

– Iron ore falls 2.2% to $US60.02 per tonne

– Brent crude up 31 US cents, or 0.5% to $US63.33 a barrel

What’s on today:

Tuesday: Australia Q1 residential home prices, US May new home sales, US May durable goods, US Richmond Federal Reserve survey.

The post Morning market update – 23 June, 2015 appeared first on Market Pulse.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment