Australian Stock Report - Market Pulse
Morning market update 18 July, 2016
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Publish date: Mon, 18 Jul 2016, 09:25 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 lower following a lacklustre performance on Wall Street.
The SPI is up 9 points, at 5398.
Locally, no major economic or equities news is expected today.
However, the Metcash Retail Conference is on the Gold Coast.
Key Numbers
- The SPI is up 9 points, at 5398
- AUD trading at 75.76 US cents, 79.77 Japanese yen, 68.67 Euro cents and 57.52 British pence
- On Wall St, Dow +0.1%, S&P 500 -0.1%, Nasdaq -0.1%
- In New York, BHP -1.5%, Rio -1.8%
- In Europe, Stoxx 50 -0.2%, FTSE +0.2%, CAC -0.3%, DAX flat
- Spot gold +0.2% to $US1337.45 an ounce
- Brent crude +0.5% to $US47.61 a barrel
- Iron ore -0.1% to $US58.42 per tonne
What’s on today
New Zealand second quarter CPI, China property prices (June), UK Rightmove house prices (July).
The post Morning market update 18 July, 2016 appeared first on Market Pulse.
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