The Aussie market is poised to open higher only slightly higher later today, after Wall Street gave up its gains into the close overnight.
The SPI is up 7 points at 4,717.
Locally, no major economic news is expected today.
In the equities space, Rio Tinto is slated to post full-year results while Cochlear, Suncorp, Transurban, Mirvac, ASX, Tassal Group and Goodman Group are all expected to release half year results.
Local earnings: ASX, Cochlear, Goodman Group, Impact Minerals, Mirvac Group, Nick Scali, Rio Tinto, Sedgman, Suncorp Group, Tamawood, Tassal Group, Transurban Group, Virgin Australia.
US weekly jobless claims. Central bank meetings in Sweden, Chile, Peru. The World Gold Council releases 2016 bullion demand report. Earnings: Reynolds American, PepsiCo, Molson Coors Brewing, Kellogg, American International Group, CBS, Dun & Bradstreet, Thomson Reuters, Zurich Insurance Group, Mediobanca, Shire, L’Oreal, Total SA, Pernod Ricard, Societe Generale, Nokia Oyj.
The Bloomberg Dollar Spot Index was little changed after two days of declines. The yen climbed 0.9 per cent to 114.064 per US dollar, reaching the highest level since 2014.
Japan’s currency has climbed against almost all of the more than 150 currencies tracked by Bloomberg since the central bank embraced negative interest rates on January 29. The prospect of the Bank of Japan either stepping in to sell yen or cut interest rates is a growing risk, HSBC Holdings says.
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