The Aussie market is poised to open higher following gains on Wall Street overnight after the US Federal Reserve left interest rates unchanged and signaled fewer rate rises for the year.
The SPI is up 33 points at 5,159.
Locally, in economic news on Thursday, Reserve Bank of Australia assistant governor for financial markets Guy Debelle is scheduled to speak at the FX Week Australia conference in Sydney.
The Australian Bureau of Statistics releases labour force data for February.
In equities news, Myer and Oroton are slated to release half year results, while Oneview Healthcare lists on ASX
- SPI futures up 33pts or 0.6% to 5159 at about 7am Sydney time
- AUD at 75.48 US cents, 85.09 Japanese yen, 67.31 Euro cents and 52.97 British pence
- On Wall St, near 4pm, Dow +0.4%, S&P 500 +0.6%, Nasdaq +0.8%
- In Europe, Stoxx 50 -0.2%, FTSE +0.8%, CAC -0.2%, DAX +0.5%
- In London, BHP +0.08%, Rio +0.42%
- Spot gold +2.4% to $US1261.35 at 4.02pm New York time
- Brent crude +4% to $US40.28 at 3.37pm New York time
- Iron ore up 69 US cents or 1.3% to $US53.57
What’s on today
Local data: Australian jobs data (Feb.), New Zealand GDP (4Q).
RBA assistant governor Guy Debelle speaks at the FX Australia Week conference at 9.05am.
Bank of England policy decision. Swiss National Bank’s quarterly assessment. Rate decisions in Indonesia, South Africa.
Overseas data: US jobless claims (weekly), US current account balance (4Q), US Philadelphia Fed business outlook (March), US leading economic indicators index (Feb.), Hong Kong unemployment rate (Feb.), Japanese trade data (Feb.), euro-zone CPI (Feb.)
Earnings: Adobe, Telecom Italia SpA, HeidelbergCement AG, Deutsche Lufthansa.