Australian Stock Report - Market Pulse
Morning market update 08 August, 2016
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Publish date: Mon, 08 Aug 2016, 08:36 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 following on from Wall Street’s strong rise in the last trading session boosted from better-than-expected US jobs figures.
The SPI is trading up 30 points, at 5485.
Locally, in economic news, the ANZ job advertisements series figures for July are due out.
In equities news, Bendigo and Adelaide Bank is slated to post full-year results while the Brisbane Broncos’ half-year results are expected.
Key Numbers
- The SPI is trading up 30 points, at 5485
- AUD -0.1% to 76.19 US cents
- On Wall St, Dow +1%, S&P 500 +0.9%, Nasdaq +1.1%
- In New York, BHP +2.6%, Rio +0.9%, Atlassian +6.4%
- In Europe, Stoxx 50 +1.4%, FTSE +0.8%, CAC +1.5%, DAX +1.4%
- Spot gold -1.9% to $US1336 an ounce
- Brent crude +0.2% to $US44.36 a barrel
What’s on today
ANZ job ads July, Bendigo and Adelaide Bank results
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