Australian Stock Report - Market Pulse

Morning market update 28 September, 2016

marketpulse
Publish date: Wed, 28 Sep 2016, 08:51 AM
marketpulse
0 1,810
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 flat after Wall Street gained following the first of three televised US presidential debates.

The SPI is trading at 5398, down 10 points.

Democratic presidential candidates Hillary Clinton and Republican Donald Trump went head to head in the first of three televised debates ahead of the US presidential vote on November 8.

Locally, in economic news, Reserve Bank of Australia Assistant Governor (Financial System) Malcolm Edey is slated to speak at the Australian Financial Review retail summit in Melbourne.

In equities news, ASX and AGL Energy hold their annual general meetings in Sydney.

And, Foxtel chief executive Peter Tonagh is scheduled to speak at an American Chamber of Commerce in Australia lunch in Sydney.

Key Numbers

  • The SPI is trading at 5398, down 10 points
  • AUD +0.4% to 76.65 US cents
  • On Wall St, Dow +0.7%, S&P 500 +0.6%, Nasdaq +0.9%
  • In New York, BHP -0.03%, Rio +0.2%
  • In Europe, Stoxx 50 -0.2%, FTSE -0.2%, CAC -0.2%, DAX -0.3%
  • Spot gold -0.8% to $US1327.87 an ounce
  • Brent crude -2.9% to $US45.96 a barrel
  • Iron ore -0.2% to $US56.63 a tonne
  • LME aluminium -0.5% to $US1651 a tonne

What’s on today

No local data, RBA assistant governor Edey speaks

The post Morning market update 28 September, 2016 appeared first on Market Pulse.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment