The Australian market looks set to open slightly higher following gains on Wall Street where the lower US dollar lifted some commodity-related shares and boosted the outlook for multinationals.
The SPI is trading at 5385, up 11 points.
Locally, no major economic news is expected today.
In equities news, cloud-based business software platform 9 Spokes is due to list on the ASX.
Key Numbers
What’s on today
Overseas data: China CPI, PPI (May), Japan machine orders (April), Germany exports and imports (April), France non-farm payrolls (1Q), UK RICS house price balance (May), UK trade balance (April), Mexico inflation (May), South Africa manufacturing production (April), South Africa mining production (April), US jobless claims (weekly), US wholesale inventories (April), US household change in net worth (1Q).
Overseas earnings: Hudson’s Bay Co, BRP, JM Smucker Co, Auto Trader Group, Remy Cointreau.
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