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

The Australian share market is poised to open flat, despite gains on Wall Street on the back of support for banks.

SPI futures are up 10 points, at 5494.

In the US, the Dow Jones Industrial Average was up 0.38 per cent with just over 30 mins until the close, while Nasdaq gained 0.42 per cent.

In local corporate news, two of the nation's big four banks will come the under the spotlight. ANZ will hold its annual general meeting in Melbourne, while National Australia Bank will address shareholders in Adelaide. Incitec Pivot and Elders will also hold their AGM's later Friday.

What happened overnight?

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