Australian Stock Report - Market Pulse
Morning Market Update, Updated 12 December 2016
marketpulse
Publish date: Mon, 12 Dec 2016, 09:09 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 higher later on this morning, carrying on the bullish momentum seen last week, after US and European markets moved higher on Friday night.
The SPI futures are up 23 points (+0.4%) at 5582.
The Dow Jones rose 0.7%, while the S&P500 gained 0.6% and Nasdaq ended 0.5% higher. Earlier, Europe's STOXX 600 finished up almost 1%.
In local economic news, the Australian Bureau of Statistics will release lending finance figures for October.
Key trades
- SPI up 23 points at 5582
- AUD at US74.59¢
- Dow Jones +0.7%; S&P500 +0.6%; Nasdaq +0.5%
- FTSE100 +0.3%, CAC +0.6%, DAX +0.2%
- Spot gold -0.9% at $US1160.01 an ounce
- Brent oil +0.8% at $US54.33 a barrel
- Iron ore -0.2% at $US81.66 a tonne
What happened overnight?
The post Morning Market Update, Updated 12 December 2016 appeared first on Market Pulse.
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Apps
Top Articles
1
CEO Morning Brief
#
Stock
Score
Daily Stocks
Stock
Last
Change
Volume
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
