Australian Stock Report - Market Pulse
Morning Market Update, Updated 18 January 2017
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Publish date: Wed, 18 Jan 2017, 09:44 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 Australian share market is set to open slightly lower later this morning, following declines in U.S. and European stock markets overnight.
SPI futures are down six points, 5645.
Today’s Agenda
Local data: Consumer confidence January
Overseas data: China property prices December; Euro zone CPI December; US CPI December, Industrial production December, NAHB housing market index
Key trades
- SPI dn 6 pts at 5645
- AUD at US75.46¢
- Dow Jones -0.2pc; S&P500 -0.2pc; Nasdaq -0.5pc
- FTSE100 -1.5pc, CAC -0.5pc, DAX -0.1pc
- Spot gold +0.9pc at $US1213.52 an ounce
- Brent oil +0.4pc at $US56.06 a barrel
- Iron ore -2.5pc at $US81.55 a tonne
What happened overnight?
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