Australian Stock Report - Market Pulse
Morning market update 29 March, 2016
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Publish date: Tue, 29 Mar 2016, 09:53 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.
Aussie shares are poised to open lower after the Easter break. Wall Street was little changed on Thursday night.
There’s little local data on tap at all this week except for second tier statistics including NAB’s online retail sales on Wednesday, RBA credit HIA new home sales and job vacancies on Thursday with the AIF PMI on Friday.
The key overseas focus will be on Friday with PMI reports from China and Europe and the March payrolls report from the US.
Key numbers:
- SPI down12 points at 5069
- AUD at US75.41 cents
- Dow Jones -0.1%, S&P500 -0.2%, Nasdaq +0.1
- FTSE100 -1.5%, CAC -2.1%, DAX -1.7%
- Spot gold +0.3% at $US1220 an ounce
- Brent oil -0.4% at $US40.28 a barrel
- Iron ore -1% at $U55.76 a tonne
The post Morning market update 29 March, 2016 appeared first on Market Pulse.
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