Australian Stock Report - Market Pulse

Morning market update 19 October, 2015

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Publish date: Mon, 19 Oct 2015, 09:09 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 poised to open higher later this morning following gains in Wall Street on Friday night.

The gains came amid expectations that Fed will push back an interest rate hike till next year.

There is no major equities news expected today.

The December SPI futures contract is up 22 points, at 5274.

Key numbers:

  • SPI up 22 points at 5274
  • AUD at 72.50 US cents
  • Dow Jones +0.43%, S&P500 +0.46%, Nasdaq +0.34%
  • FTSE100 +0.62%, CAC +0.59%, DAX +0.39%
  • Spot gold down 0.6% at $US1176.06 an ounce
  • Brent oil up 73 US cents at $US50.46 a barrel
  • Iron ore untraded at $US53.74 a tonne

What’s on today:

The Financial Services Council symposium on elder financial abuse is on in Sydney.

The post Morning market update 19 October, 2015 appeared first on Market Pulse.

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