Australian Stock Report - Market Pulse
Morning market update 10 September, 2015
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Publish date: Thu, 10 Sep 2015, 08:57 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.
After the best two session rally all year, it appears that the Aussie market will open lower – sharply lower – later this morning.
A morning rally on Wall Street fizzled and Apple shares dropped after unveiling a suite of upgraded products.
The September SPI futures contract is down 79 points, at 5126.
In local economic news today, the Australian Bureau of Statistics releases August labour force data or August In equities news, Sigma Pharmaceuticals is expected to post full-year results.
Key trades
- SPI down 79 points, at 5126
- AUD at 70.11 US cents
- Dow Jones -1.45%, S&P500 -1.39%, Nasdaq -1.15%
- FTSE100 +1.35%, CAC +1.44%, DAX +0.31%
- Spot gold down 1.2% at $US1107.67 an ounce
- Brent oil down 3.9% at $US47.69 a barrel
- Iron ore up 1.3% at $US58.18 per tonne
The post Morning market update 10 September, 2015 appeared first on Market Pulse.
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