The Aussie market is poised to open lower later this morning following a bearish night on Wall St overnight on the back of some weak Chinese economic data.
The SPI futures contract is down 47 points at 5,205.
The Caixin/Markit manufacturing index (PMI) on Monday showed that China’s factory activity contracted for the 10th straight month in December, and at a sharper pace than in November.
In local news today, the Dun and Bradstreet business expectations survey and the ANZ-Roy Morgan weekly consumer confidence survey will be released.
No major equities news expected.
Roy Morgan/ANZ weekly consumer sentiment, US December auto sales, Eurozone December CPI.
Shares trading ex-dividend today: Programmed Maintenance, Thorn Group.
The post Morning market update 5 January, 2016 appeared first on Market Pulse.