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


Morning market update 20 July, 2016

The Australian market looks set to open flat following lacklustre performances on international markets amid lowered expectations for global economic growth. The SPI is flat trading at 5410. Locally, in economic news, the Westpac-Melbourne Institute Leading Indexes of Economic Activity and the Commonwealth Bank’s business sales indicator for June are both due out. In equities