Morning market update 14 July, 2016

- 14 July 2016

The Australian market looks set to open slightly higher after Wall Street edged up enough for the S&P 500 and Dow industrials to set record highs.

The SPI is up 8 points, at 5355.

Locally, in economic news the Australian Bureau of Statistics releases labour force data.

In equities news, AACo is slated to hold its annual general meeting.

Key Numbers

  • The SPI is up 8 points, at 5355
  • AUD -0.2% to US76.07¢
  • On Wall St, Dow +0.2%, S&P 500 -0.01%, Nasdaq -0.2%
  • In Europe, Stoxx 50 -0.3%, FTSE 100 -0.2%, CAC +0.1%, DAX -0.3%
  • Spot gold +0.6% to US$US1343.07 an ounce at 6am Sydney time.
  • Brent crude -4.2% to $USUS46.42 a barrel at 6am Sydney time.
  • Iron ore -0.4% to $USUS59.15 a tonne at 6am Sydney time.

What’s on today

Local: Employment report; Inflation expectations

Abroad: NZ ANZ consumer confidence; Bank of England meets

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