The Aussie market is poised to open flat later this morning after Wall Street closed little changed Friday night and ahead of Tuesday’s Reserve Bank rate decision.
The December SPI futures contract is down 1pt, at 5206.
In local economic news today, the Reserve Bank of Australia releases financial aggregates for October while the Australian Bureau of Statistics releases business indicators for the September quarter.
Meanwhile, the TD Securities-Melbourne Institute inflation gauge for the month just ended is due out, as is the HIA New home sales figures for October.
In the equities space, Metcash is expected to post results.
Australia business indicators, monthly inflation gauge, private sector credit; Japan industrial output, retail trade; German inflation; US pending home sales
Brazil’s federal and state governments plan to sue BHP Billiton and Vale, the owners of the Samarco iron ore miner, for 20 billion reais ($7 billion) in damages caused by the burst of a tailings dam, Environment Minister Izabella Teixeira told reporters on Friday.
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