Morning market update 5 May, 2016

The Australian market looks set to open lower after Wall Street fell, weighed down by tepid data on private sector US jobs and a retreat in biotech shares. The SPI is down 15 points, at 5234 In local economic news, the Australian Bureau of Statistics releases international trade in goods and services and its retail


Morning market update 4 May, 2016

The Aussie market looks set to open more than one per cent lower following slumps on international bourses after weak economic data in China and Europe reignited worries about global growth, while a further drop in oil prices dragged down energy shares. The SPI is down 60 points, at 5294 In local economic news today,


Morning market update 3 May, 2016

The Aussie market will open flat to slightly stronger later this morning, after gains on Wall Street overnight. The SPI is up five points, at 5228. In local economic news today, the federal government brings down the budget and the Reserve Bank of Australia announces its interest rate decision. Meanwhile, the Australian Bureau of Statistics


Morning market update 2 May, 2016

The Aussie market is poised to open flat to slightly weaker later this morning, after US equities finished weaker on Friday night, once again weighed down by company earnings. The SPI futures are down three points, at 5228. In local economic news today, the Reserve Bank of Australia releases April’s index of commodity prices. The