Good morning team, Chris Conway your Chief Market and Trading Strategist here with your First Look.

SPI futures are pointing to a flat start later this morning, despite US markets closing lower on Friday night.

The S&P 500 slipped, posting its first down week since early September, led by healthcare and energy stocks.

What’s on today:

Local data: On Monday, the Reserve Bank of Australia releases September’s credit card lending data. Currently, card balances are at their lowest level since December 2007. RBA deputy governor Guy Debelle is also due to speak at a banking conference in Sydney.

The Australian Bureau of Statistics will also release September figures on lending finance, which shows lending on housing, personal, commercial and leases. In August, this increased by 1.9 per cent.

Key numbers:

SPI futures are down 1 point, to 6031

AUD is at 76.62 US cents

On Wall St: Dow Jones -0.2%, S&P500 -0.1%, Nasdaq +0.01%

In Europe: Stoxx 50 -0.5%, FTSE100 0.7%, CAC40 -0.5%, DAX 0.4%

Spot gold -0.4 to $US1215.47 an ounce

Brent crude -0.6% to $US63.52 a barrel

Iron ore +0.5% to $US62.40 a tonne.

LME aluminium +0.5% to $US2,103 a tonne

LME copper +0.4 to $US6,834 a tonne

SPI futures are down 1 point at 6031.

AUD at 76.61 US cents.

What happened overnight:

Source: Commsec