Australian Stock Report - Market Pulse
Morning market update 17 June, 2016
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Publish date: Fri, 17 Jun 2016, 10:12 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 Australian share market looks set to open higher after Wall Street finished higher up breaking a five-day losing streak.
The SPI contract was up 40 points, at 5114.
Locally, no scheduled economic news, with the equities calendar quiet.
Key Numbers
- The SPI contract was up 40 points, at 5114.
- AUD at 73.66 US cents, 76.88 Japanese yen, 65.61 Euro cents and 51.85 British pence
- On Wall St, Dow +0.5%, S&P 500 +0.3%, Nasdaq +0.2%
- In Europe, Stoxx 50 -0.4%, FTSE -0.3%, CAC -0.5%, DAX -0.6%
- Spot gold -0.4% at $US1286.95 an ounce
- Brent crude -2.9% to $US47.54 a barrel
- Iron ore up 0.1% to $US50.70 per tonne
What’s on today
NZ manufacturing PMI, ECB president Mario Draghi speaks in Munich.
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