Good morning, Tumul Sinha – Equities Research Analyst – here with your First Look,

What’s on today:

No local data

NAB’s week ahead view: “Thursday’s September Labour Force is the main market interest. We expect another solid employment report, NAB at +25K for employment (consensus +15K) and an unchanged unemployment rate of 5.6 per cent.

Overseas data: China CPI and PPI for September; Japan industrial production August; Euro zone trade balance August; US NY Empire manufacturing October

Fed speakers this week: Kashkari (Tuesday AEST); Fischer, Dudley and Kaplan (Wednesday AEDT); and Yellen and Mester (Saturday AEDT).

Key number:

SPI futures up 12 points or 0.2% to 5806

AUD +0.9% to 78.87 US cents

On Wall St: Dow +0.1%, S&P 500 +0.1%, Nasdaq +0.2%

In New York, BHP +2.9% Rio +4%

In Europe: Stoxx 50 flat, FTSE -0.3%, CAC -0.2%, DAX +0.1%

Spot gold +0.8% to $US1303.82 an ounce

Brent crude +1.7% to $US57.18 a barrel

US oil +1.6% to $US51.40 a barrel

Iron ore +4.1% to $US62.53 a tonne

Dalian iron ore +5.2% to 469 yuan

LME aluminium -0.6% to $US2134 a tonne

LME copper -0.1% to $US6882 a tonne

10-year bond yield: US 2.27%, Germany 0.40%, Australia 2.79%