Australian Stock Report - Market Pulse
Morning market update 21 April, 2016
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Publish date: Thu, 21 Apr 2016, 08:53 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.
The Aussie market is poised to open higher later this morning, following strong gains on Wall Street overnight and a lift in international oil prices.
The SPI futures are up 38 points, at 5243.
In local economic news today, the National Australia Bank’s business survey for the March quarter is expected.
In equities news, both the Ten Network and Australian Pharmaceutical Industries are expected to post half-year results, while Wesfarmers is slated to give a third quarter sales update, and South32 and Evolution Mining are expected to release March quarter reports.
CIMIC is also expected to release first quarter results and holds its annual general meeting in Sydney, while Woodside Petroleum has its annual general meeting in Perth.
Meanwhile, BHP Minerals Australia President Mike Henry speaks at a Melbourne Mining Club lunch in Melbourne.
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