Morning market update 26 July, 2016

The Australian market looks set to open flat after US stocks receded from record highs as oil prices weighed on energy shares and investors awaited an avalanche of quarterly reports. The SPI is down 1 point, trading at 5451. Locally, no major economic news is expected today. In equities news, Perseus Mining is expected to


Morning market update 25 July, 2016

The Australian market looks set to open slightly higher following gains on Wall Street which clinched its fourth straight positive week, boosted by strength in telecom stalwarts AT & T and Verizon. The SPI is trading at 5468, up 1 point. Locally, no major economic news is expected today, although Commsec’s State of the States


Morning market update 22 July, 2016

The Australian market looks set to open lower following falls on Wall Street where disappointing quarterly reports from tech stalwart Intel and transportation companies stalled momentum. The SPI is trading at 5449, down 32 points. Locally, no major economic news is expected today. In equities news, Santos is expected to release a fourth quarter production


Morning market update 21 July, 2016

The Australian market looks set to open higher after both the S&P 500 and Dow industrials again reached record highs amid signs corporate earnings season may be less dour than feared. The SPI is trading at 5461, up 12 points. Locally, in economic news, the Australian Bureau of Statistics releases motor vehicle census data from January