Morning market update 4 September, 2015

Australian shares look set to open higher later this morning, after international markets gained overnight amid respite from volatile Chinese markets, which are closed for a military holiday until Monday. The September SPI share price index futures contractis up 23 points, at 5027. In local economic news today, the Australian Bureau of Statistics releases July’s


Morning market update 3 September, 2015

The Australian market looks set to open higher later this morning after Wall Street rose overnight, with traders piling back into blue chips and tech stocks as a Federal Reserve report depicted steady US economic growth. The September SPI futures contract is up 32 points, at 5082. In local economic news today, the Australian Bureau


Morning market update 28 August, 2015

The Aussie market looks set to open higher later this morning, after gains on international markets, including China’s, with good economic data also helping to boost US and European shares. The share price index futures contract is up 94 points, at 5280. Equities in Europe and on Wall Street climbed on revised US data showing


Morning market update 27 August, 2015

The Aussie market is poised to open sharply higher later this morning, following strong gains on Wall Street overnight. The September SPI futures contract is up 96 points, at 5227. US stocks surged four per cent higher, ending a six-day losing streak that was caused by large falls in Chinese equities. Locally today, the Australian


Morning market update 26 August, 2015

The Australian market looks set to open lower later this morning, after Wall Street fell for the sixth straight session overnight. The Dow posted another triple-digit decline after a morning rally fizzled. The SPI futures contract is down 46 points, at 5081. In local economic news today, Reserve Bank of Australia governor Glenn Stevens is


Morning market update 25 August, 2015

The Aussie market is in for another very tough session today, set to open 4% lower after international markets plummeted on further concern over China’s slowing economy. The SPI is down 200 points, at 4,750. International markets plunged overnight with the Dow dropping 588.47 points (-3.58%). London’s FTSE 100 lost 4.7%, Frankfurt’s DAX shed 4.7%


Morning market update 24 August, 2015

This morning is shaping up to be a horror show for the Aussie market, following significant falls on international markets on Friday night amid further fears over China’s economy and a Greek exit from the eurozone. Adding insult to injury, the Dow Jones futures are down a further 85 points at time of writing, meaning


Morning market update 21 August, 2015

The Aussie market is poised to open sharply lower later this morning, after Wall Street tumbled overnight; the Dow dropped to its lowest level for 2015 as worries spread about the strength of the world economy. The September SPI futures contract is down 70 points, at 5167. No major local economic news is expected on


Morning market update 20 August, 2015

The Aussie market is poised to open lower later this morning, following a selloff on Wall Street overnight. The September SPI futures contract is down 48 points, at 5305. US stocks fell one per cent, with petroleum-linked equities hit especially hard amid growing fears about the slowing Chinese economy. Locally on Thursday, the Commonwealth Bank