The Australian share market looks set to open lower after Wall Street fell for a fifth straight session after the US Federal Reserve left interest rates unchanged.
Investors also continued to worry over Britain’s possible exit from the European Union ahead of next week’s vote.
The SPI is down 4 point, at 5158.
Locally, in economic news on Thursday, the Reserve Bank of Australia assistant governor Christopher Kent speaks at an Economic Society of Australia lunch.
The Australian Bureau of Statistics is scheduled to release labour force data for May as well as new motor vehicle sales data.
- The SPI is down 4 point, at 5158
- AUD +0.7% to 74.06 US cents, 78.49 Japanese yen, 65.80 Euro cents and 52.15 British pence
- On Wall St, Dow -0.2%, S&P 500 -0.2%, Nasdaq -0.2%
- In Europe, Stoxx 50 +1.2%, FTSE +0.7%, CAC +1%, DAX +0.9%
- Spot gold +0.4% to $US1291.35 an ounce
- Brent crude -2.1% to $US48.78 a barrel
- Iron ore +0.2% to $US50.65 per tonne
What’s on today
Jobs data, Motor vehicle sales. RBA Deputy Governor Dr Philip Lowe speaking in Brisbane