Australian Stock Report - Market Pulse
Morning market update 15 July, 2016
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Publish date: Fri, 15 Jul 2016, 09:11 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 looks set to open higher after fresh record highs on the Dow and the S&P 500.
The SPI is trading at 5387, up 5 points.
No major local economic is expected.
In equities news, Whitehaven Coal is expected to release a production report.
Key Numbers
- The SPI is trading at 5387, up 5 points
- AUD +0.4% to 76.34 US cents, 80.43 japanese yen, 68.67 Euro cents and 57.27 British pence
- On Wall St, Dow +0.7%, S&P 500 +0.5%, Nasdaq +0.6%
- In Europe, Stoxx 50 +1.3%, FTSE -0.2%, CAC +1.2%, DAX +1.4%
- Spot gold -0.8% to $US1332.27 an ounce
- Brent crude +2.1% to $US47.21 a barrel
- Iron ore -1.2% to $US58.47 per tonne
What’s on today
China GDP
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