Australian Stock Report - Market Pulse
Morning market update 13 July, 2016
marketpulse
Publish date: Wed, 13 Jul 2016, 08:53 AM
marketpulse
0 1,810
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 looks set to open higher following record highs on Wall Street where a sharp rebound in crude prices boosted energy shares.
The SPI is trading at 5334, up 30 points.
Locally, in economic news, the Australian Bureau of Statistics is due to release May's lending finance figures and building and construction data for the March quarter.
No major equities news is expected.
Key Numbers
- The SPI is trading at 5334, up 30 points.
- AUD at US76.34¢, 79.88 Japanese yen, 68.96 Euro cents and 57.56 British pence
- On Wall St, Dow +0.7%, S&P500 +0.7%, Nasdaq +0.8%
- In Europe, Stoxx 50 +1.7%, FTSE100 -0.03%, CAC +1.6%, DAX +1.3%
- Spot gold -1.6% to $US1333 an ounce at 6am Sydney time.
- Brent crude+ 4.5% to $US48.34 a barrel at 6am Sydney time.
- Iron ore +6.7% to US59.38 a barrel at 6am Sydney time.
What’s on today
Local: Monthly consumer sentiment
Abroad: RBNZ Assistant Governor John McDermott speaks; Chinese trade report; US Fed releases beige book; Japanese industrial production; Eurozone industrial data Wednesday; Bank of Canada meeting
The post Morning market update 13 July, 2016 appeared first on Market Pulse.
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Apps
Top Articles
1
CEO Morning Brief
2
CEO Morning Brief
RBA Holds Key Rate at 13-year High as World Waits on US Vote
#
Stock
Score
Daily Stocks
Stock
Last
Change
Volume
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
