Australian Stock Report - Market Pulse
Morning market update - 9 July, 2015
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Publish date: Thu, 09 Jul 2015, 09:26 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 Aussie market looks set to open lower later this morning, after Wall Street overnight slumped on worries about China and Greece in a session that was overshadowed by a lengthy outage at the New York Stock Exchange due to technical problems.
The September SPI futures contract is down 32 points, at 5369.
In local economic news today, the Australian Bureau of Statistics releases June's labour force data.
No major equities news is expected, but Telstra's chief executive Andrew Penn will deliver a speech at a CEDA event.
Key trades
SPI down 32 points at 5369
AUD at 74.26 US cents
Dow Jones -1.47%, S&P500 -1.66%, Nasdaq -1.75%
FTSE100 +0.91%, CAC +0.75%, DAX +0.66%
Spot gold up 0.6% at $US1159.91 an ounce
Brent oil up 0.2% at $US57.27 per barrel
Iron ore down 10.1% at $US44.59 per tonne
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