The Australian share market looks set to open higher, mirroring a rally on Wall Street after the US Federal Reserve kept interest rates unchanged.

The SPI is trading at 5360, up 37 points.

Locally, in economic news, the Reserve Bank of Australia governor Philip Lowe will front a House of Representatives committee later on Thursday.

In equities news, Premier Investments, Brickworks and Washington H. Soul Pattinson report full year results, while Suncorp Group will hold its annual general meeting.

Key Numbers

• The SPI is trading at 5360, up 37 points
• AUD +0.8% to 76.20 US cents
• On Wall St, Dow +0.9%, S&P 500 +1.1%, Nasdaq +1%
• In New York, BHP +3.6%, Rio +3.7%
• In Europe, Stoxx 50 +0.6%, FTSE +0.1%, CAC +0.5%, DAX +0.4%
• Spot gold +1.5% to $US1333.97 an ounce
• Brent crude +2.3% to $US46.92 a barrel
• LME aluminium +0.4% to $US1584 a tonne

What’s on today

RBNZ rate decision

The post Morning market update 22 September, 2016 appeared first on Market Pulse.