The Australian market looks set to open lower following a stumble on Wall Street as tech stalwarts dragged on indexes and investors braced for major economic and political events in the US and Europe.

The SPI was down 40 points, at 5,219.

Locally, Reserve Bank of Australia assistant governor Guy Debelle will speak at a markets conference.

No major equities news is expected today.

Key Numbers

• The SPI was down 40 points, at 5,21-.
• AUD fetching 73.87 US cents, 78.48 Japanese yen, 65.41 Euro cents and 51.91 British pence
• On Wall St, at about 4pm, Dow -0.7%, S&P 500 -0.8%, Nasdaq -0.9%
• In Europe, Stoxx 50 -2%, FTSE -1.2%, CAC -1.9%, DAX -1.8%
• In London, Rio +0.5%, BHP -0.5%
• Spot gold +0.7% to $US1283.56 ounce at 2.41pm New York time
• Brent crude -0.5% to $US50.30 barrel at 2.31pm New York time
• Iron ore added 0.7% to $US52.91 per tonne

What’s on today

Local data: RBA assistant governor Guy Debelle speaks at 10.50am, ANZ weekly consumer confidence, NAB business survey May

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