The Australian market looks set to open flat following a poor performance on Wall Street where a bounce in Apple failed to offset concerns that the US Federal Reserve could raise interest rates sooner rather than later.

The SPI is trading at 5334, down 1 point.

Locally, in economic news, Reserve Bank of Australia governor Glenn Stevens is slated to speak at a Trans-Tasman Business Circle function in Sydney, while the ANZ-Roy Morgan weekly consumer confidence survey is due out.

In equities news, Boart Longyear holds its annual general meeting in Adelaide.

Key Numbers

• The SPI is trading at 5334, down 1 point.
• AUD is at US72.24¢, 78.92 Japanese yen, 64.39 Euro cents and 49.87 British pence
• On Wall St, Dow +0.07%, S&P500 -0.1%, Nasdaq +0.07%
• In Europe, Stoxx 50 -0.99%, FTSE -0.32%, CAC -0.66%, DAX -0.74%
• Spot gold flat at $US1251.04 an ounce
• Brent crude -0.1% to $US48.32 a barrel
• Iron ore -6.67% to $US51.22 a tonne

What’s on today

RBA governpor Glenn Stevens speaks in Sydney, ANZ-Roy Morgan weekly consumer confidence

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