Australian Stock Report - Market Pulse

Morning Market Update, Updated 17 November 2016

marketpulse
Publish date: Thu, 17 Nov 2016, 08:50 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.

Good morning team, Chris Conway your Head of Research here with your First Look.

The Aussie market is poised to open in the red this morning, after a seven-session rally on the Dow Jones in the US fizzled overnight, with traders wanting more clarity on Donald Trump's policies as president.

The SPI futures are down 17 points, at 5303.

In local economic news today, the Australian Bureau of Statistics releases October labour force data, plus the National Accounts - State Accounts for 2015/16.

In equities news, James Hardie is expected to post its half-year results. Meanwhile, BHP Billiton, Village Roadshow, Seven Group Holdings, Mirvac, Sonic Healthcare, Amaysim hold their annual general meetings.

Key trades

  • SPI down 17 points at 5303
  • AUD at US74.81¢
  • Dow Jones -0.4%; S&P500 -0.3%; Nasdaq +0.3%
  • FTSE100 -0.6%, CAC -0.8%, DAX -0.7%
  • Spot gold -0.3% at $US1225.18 an ounce
  • Brent oil -0.4% at $US46.75 a barrel
  • Iron ore -0.4% at $US72.42 a tonne

The post Morning Market Update, Updated 17 November 2016 appeared first on Market Pulse.

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

Post a Comment