The Australian market looks set to open lower after Wall Street dropped for a fourth straight session with investors worried about an upcoming vote in Britain on whether to leave the European Union.
The SPI is down 15 points, at 5186.
Locally, investors will be focused on the Westpac-Melbourne Institute Survey of Consumer Sentiment later, while Premier Investments shareholders will vote at a general meeting to discuss the chief executive’s pay increase.
- The SPI is down 15 points, at 5186.
- AUD -0.4% to 73.53 US cents, 78.07 Japanese yen, 65.67 Euro cents and 52.18 British pence
- On Wall St, Dow -0.3%, S&P 500 -0.2%, Nasdaq -0.1%
- In Europe, Stoxx 50 -2%, FTSE -2%, CAC -2.3%, DAX -1.4%
- In London, Sky -4.7%, BHP -4.1%, Rio -2.9%
- Spot gold +0.2% to $US1285.86 ounce at 3.11pm New York time
- Brent crude -1.3% to $US49.72 barrel at 3.01pm New York time
- Iron ore slides 4.4% to $US50.57 per tonne
What’s on today
Westpac consumer sentiment survey, Premier Investments extraordinary general meeting