Market Pulse

Morning market update – 29 January, 2015

The Aussie market will open weaker later this morning, following sharp falls on Wall Street overnight amid speculation the Federal Reserve remains on course to raise borrowing costs. The March SPI futures contract is down 65 points, at 5450. In local economic news today, the Australian Bureau of Statistics releases trade price index data for

Morning market update – 27 January, 2015

The Australian market looks set to open higher later this morning, after a fluctuating Wall Street mostly gained overnight amid speculation the fallout of Greece’s newly-elected anti-austerity party will be contained. The March SPI futures contract is up 13 points, at 5459. In local economic news today, the ANZ-Roy Morgan weekly consumer confidence survey and

Morning market update – 27 November

The Aussie market market looks set to open flat this morning following another lacklustre performance on Wall Street overnight after the release of disappointing economic data. The December SPI futures contract is down just two points, at 5405. The US Labor Department said weekly applications rose 21,000 to a seasonally-adjusted 313,000, the highest level since

Morning market update – 26 November

The Australian market looks set to open higher later this morning after Wall Street stocks fluctuated overnight; data showed the economy expanded more than previously forecast but that was offset by a drop in consumer confidence. The December SPI futures contract is up 12 points, at 5362. Commerce Department figures showed that US gross domestic

Morning market wrap

U.S. stocks rose overnight, extending all-time highs for benchmark indexes, as small-cap shares rallied amid growing confidence in the global economy. Best Buy Co. jumped 2.3 percent before the start of the holiday shopping season. Urban Outfitters Inc. advanced 5.4 percent, the most in the Standard & Poor’s 500 Index. Verizon Communications Inc. tumbled 1.4

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