Australian Stock Report - Market Pulse
Morning market update 22 July, 2016
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Publish date: Fri, 22 Jul 2016, 09:32 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 falls on Wall Street where disappointing quarterly reports from tech stalwart Intel and transportation companies stalled momentum.
The SPI is trading at 5449, down 32 points.
Locally, no major economic news is expected today.
In equities news, Santos is expected to release a fourth quarter production review.
Key Numbers
- The SPI is trading at 5449, down 32 points.
- AUD +0.2% at 74.89 US cents
- On Wall St, Dow -0.4%, S&P 500 -0.4%, Nasdaq -0.3%
- In New York, BHP +2.3%, Rio +2.5%
- In Europe, Stoxx 50 flat, FTSE -0.4%, CAC -0.1%, DAX +0.1%
- Spot gold +1% to $US1329.35 an ounce
- Brent crude -1.4% to $US46.50 a barrel
- Iron ore +2.6% to $US57.17 a tonne
What’s on today
Santos fourth quarter production review
The post Morning market update 22 July, 2016 appeared first on Market Pulse.
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