Australian Stock Report - Market Pulse

Morning Market Update, Updated 12 January 2017

Publish date: Thu, 12 Jan 2017, 09:21 AM
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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 this morning, with Wall Street moving into the green an hour out from the NY close.

SPI futures are up 15 points, at 5744 (7:00am, AEST).

Today’s Agenda

No local data

Overseas data: Japan current account November; Euro industrial production November

Key trades

  • SPI up 15 pts at 5744
  • AUD at US74.53¢
  • Dow Jones +0.3pc; S&P500 +0.1pc; Nasdaq -0.3pc
  • FTSE100 +0.2pc, CAC flat, DAX +0.5pc
  • Spot gold +0.1pc at $US1189.66 an ounce
  • Brent oil +3.5pc at $US55.50 a barrel
  • Iron ore +1.2pc at $US80.41 a tonne

What happened overnight?

The post Morning Market Update, Updated 12 January 2017 appeared first on Market Pulse.

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