Morning market update 31 August, 2016

The Australian market looks set to open flat following falls on Wall Street, which was weighed down by Apple after antitrust regulators ordered it pay about $A19 billion in back taxes to Ireland. The SPI was up 8 points, trading at 5467. Locally, no major economic news is expected on Wednesday. In equities news, Harvey


Morning market update 30 August, 2016

The Australian market looks set to open higher after decent gains on Wall Street after Federal Reserve chair Janet Yellen said the case for an official US interest rate rise has strengthened. The SPI is trading at 5450, up 20 points. Locally, in economic news, the Australian Bureau of Statistics is due to release July


Morning market update 26 August, 2016

The Australian market looks set to open flat after Wall Street is pulled down by healthcare and consumer stocks and ahead of Federal Reserve chair Janet Yellens key speech at Jackson Hole. The SPI is trading at 5516, up 4 points. Locally, no economic news is expected on Friday. In equities news, The Star Entertainment