Australian Stock Report - Market Pulse

Morning market update 28 June, 2016

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Publish date: Tue, 28 Jun 2016, 09:47 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 market is set to open lower as investors extend their losses following Brexit.

The SPI is trading at 5021, down 46 points.

Locally, ANZ weekly consumer confidence is to be released today.

Key Numbers

  • The SPI is trading at 5019, down 48 points.
  • AUD -1.5% to 73.47 US cents, 74.87 Japanese yen, 66.54 Euro cents and 55.46 British pence
  • On Wall St, Dow -1.5%, S&P -1.8%, Nasdaq -2.4%
  • In New York, BHP -3.6%, Rio -2.6%, Atlassian -3.7%
  • In Europe, Stoxx 50 -2.8%, FTSE -2.6%, CAC -3%, DAX -3%
  • Spot gold +0.8% to $US1326.37 an ounce
  • Brent crude -1.7% to $US47.58 a barrel

What’s on today

ANZ weekly consumer confidence, Overseas data: US consumer confidence (June), European Council summit

The post Morning market update 28 June, 2016 appeared first on Market Pulse.

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