Australian Stock Report - Market Pulse

Morning market update 1 April, 2016

marketpulse
Publish date: Fri, 01 Apr 2016, 09:01 AM
marketpulse
0 1,810
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 Australian share market looks set to open lower this morning, following a flat performance on Wall Street overnight amid subdue trade, despite some fund managers snapping up stocks into the end of the quarter.

The SPI is currently down 20 points, at 5047.

Key numbers:

  • SPI futures down 20pts or 0.4% to 5047
  • AUD -0.1 at 76.63 US cents, 86.24 Japanese yen, 67.32 Euro cents and 53.31 British pence
  • On Wall St, Dow -0.2%, S&P 500 -0.2%, Nasdaq flat
  • In Europe, Stoxx 50 -1.3%, FTSE -0.5%, CAC -1.3%, DAX -0.8%
  • In London, BHP -1.4%, Rio -0.9%
  • Spot gold +0.7% to $US1232.95 at 1.09pm New York time
  • Brent crude +0.8% to $US39.58 at 12.43pm New York time
  • Iron ore -0.8% to $US53.75

What’s on today:

Overseas data: China official manufacturing PMI for March, Bank of Japan Tankan survey, US March payrolls, US ISM manufacturing for March, US Feb construction spending, US March auto sales, UK manufacturing PMI for March, UK March house prices.

The post Morning market update 1 April, 2016 appeared first on Market Pulse.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment