Morning market update 30 July, 2015

The Aussie market is set to open higher later this morning after another positive session on Wall Street overnight. The Dow Jones rose 0.7% after the US Federal Reserve kept its benchmark interest rate at near-zero per cent and gave no fresh clues on the timing of a long-awaited rate hike. The September SPI futures


Morning market update 29 July, 2015

The Aussie market looks is poised to open higher later this morning, after Wall Street snapped a five-session losing streak overnight and European stocks were boosted by bargain-hunting after recent China-inspired losses. The September SPI futures contract is up 28 points, at 5570. No major local economic news is expected today, although the Newport annual


Morning market update – 24 July, 2015

The Aussie market looks set to open lower later this morning after US stocks fell for a third straight session overnight amid disappointing earnings from Caterpillar, American Express and others. The September SPI futures contract is down 20 points, at 5513. No major local economic or equities news is expected today. Key numbers: – SPI


Morning market update – 23 July, 2015

The Aussie market looks set to move lower today, following a weak session on Wall Street overnight due to disappointment with earnings reports from the likes of Apple and Microsoft. Whilst the September SPI futures contract is down only two points, at 5550, commodities were generally weaker and that will weigh on our commodities heavy


Morning market update – 22 July, 2015

The Australian market looks set to open lower later this morning, after Wall Street and European markets fell overnight as volatile commodity prices and company results hit shares. The September SPI futures contract is down 30 points, at 5616. In local economic news today, the Reserve Bank of Australia governor Glenn Stevens is slated to


Morning market update – 21 July, 2015

The Australian market looks set to open higher later this morning, after gains on US and European markets overnight. Global markets advanced as Greece made massive loan repayment to creditors and reopened its banks. The September SPI futures contract was up 10 points, at 5652. In local economic news today, the Reserve Bank of Australia’s


Morning market update – 20 July, 2015

The Australian market looks set to open flat later this morning following mixed performances on US and European markets on Friday night, after a revamped Greek government took over in an effort to enforce tough fiscal reforms that accompany a third bailout deal. The September SPI futures contract is down one point, at 5612. No


Morning market update – 17 July, 2015

The Australian market looks set to open largely flat later this morning, despite a positive session on Wall Street overnight that was driven mainly by technology stocks. The September SPI futures contract is up four points, at 5626. In New York, the Nasdaq jumped 1.3% to a record high after an earnings report from Netflix


Morning market update – 16 July, 2015

The Australian market is poised to open flat later this morning after Wall Street fell slightly overnight, whilst European markets rose as Greece geared up for a parliamentary vote on reforms attached to a new bailout deal. The September SPI futures contract is up just two points, at 5586. In local economic news today, the