Morning market update 26 May, 2016

The Australian market looks set to open higher after another strong rally on Wall Street, thanks to higher oil prices and investors becoming more comfortable with the prospect of a June interest rate rise. The SPI is trading at 5398, up 31 points. In economic news, Reserve Bank of Australia Assistant governor for Financial Markets


Morning market update 25 May, 2016

The Australian market looks set to open sharply higher after Wall Street surged more than one per cent as oil prices rose and investors came to terms with the possibility of a Federal Reserve interest rate rise. The SPI is trading at 5372, up 75 points. Locally, in economic news, the Australian Bureau of Statistics


Morning market update 24 May, 2016

The Australian market looks set to open flat following a poor performance on Wall Street where a bounce in Apple failed to offset concerns that the US Federal Reserve could raise interest rates sooner rather than later. The SPI is trading at 5334, down 1 point. Locally, in economic news, Reserve Bank of Australia governor


Morning market update 23 May, 2016

The Australian market looks set to open flat, despite positive leads from major international markets. The SPI is trading at 5360, up 4 points. Locally, no major economic or equities news is expected, however the Henderson global investment returns report is due out. Key Numbers The SPI is trading at 5360, up 4 points. AUD