Morning market update – 2 April, 2015

The Australian market will open lower later this morning, after falls on Wall Street overnight where healthcare and industrial stocks retreated. The June SPI futures contract is down 37 points, at 5849. In local economic news today, the Reserve Bank of Australia releases its index of commodity prices for March and the Australian Bureau of


Morning market update – 31 March, 2015

The Aussie market will open higher later this morning, after Wall Street rose more than one per cent overnight amid company mergers and optimism central banks will support growth. The June SPI futures contract is up 42 points, at 5893. The US markets responded to Federal Reserve chair Janet Yellen on Friday saying the central


Morning market update – 17 March, 2015

The Australian market looks set to open sharply higher later this morning, after Wall Street lifted more than one per cent overnight as traders weighed the timing of US interest-rate increases after lower-than-forecast economic data. The March share price index futures contract is up 37 points, at 5831. US factory production fell in February for


Morning market update – 16 March, 2015

The Aussie market is poised to open lower later this morning, after Wall Street fell on Friday night amid renewed anxiety over falling oil prices and the rising US dollar. The March SPI futures contract is down 20 points, at 5791. In local economic news today, Reserve Bank of Australia assistant governor for financial markets


Morning market update – 10 March, 2015

The Australian market looks set to open higher later this morning and recover some of yesterday’s sharp falls after Wall Street bounced overnight. The March SPI futures contract was up seven points, at 5822. In local economic news today, the Australian Bureau of Statistics releases overseas arrivals and departures for January. Also due out are


Morning market update – 9 March, 2015

The Australian market looks set to open lower later this morning, following sharp falls on Wall Street on Friday night after a strong US jobs report raising expectations the Federal Reserve will soon lift interest rates. The March SPI futures contract is down 58 points, at 5832. The Labor Department said the US economy added


Morning market update – 5 March, 2015

Local shares are set to fall at the open, extending Tuesday’s losses, as global equities retreated from record highs overnight. U.S. stocks retreated Tuesday, a day after the Nasdaq Composite rose above 5000 for the first time in nearly 15 years. Traders said the decline in equities was to be expected as it came a