The Australian market looks set to open lower after major international bourses mainly fell overnight.

The SPI is trading at 5212, down 20 points.

Locally, in economic news on Thursday, the Australian Bureau of Statistics releases August Labour Force data, as well as new motor vehicle sales figures for the same month.

Meanwhile, the ACCI-Westpac survey of industrial trends is due out.

In equities news, Myer is expected to post full-year results.

Key Numbers

• The SPI is trading at 5212, down 20 points
• AUD +0.1% to 74.69 US cents
• On Wall St, Dow -0.2%, S&P 500 flat, Nasdaq +0.4%
• In New York, BHP +2.1%, Rio +1.7%
• In Europe, Stoxx 50 -0.3%, FTSE +0.1%, CAC -0.4%, DAX -0.1%
• Spot gold +0.3% to $US1323.20 an ounce
• Brent crude -2.4% to $US45.98 a barrel
• Iron ore -0.2% to $US55.97 a tonne

What’s on today

MI consumer inflation expectations September, Labour Force August, New motor vehicle sales August; NZ business manufacturing PMI August, GDP second quarter

The post Morning market update 15 September, 2016 appeared first on Market Pulse.