The Aussie market is poised to open little changed after Wall Street closed flat on Friday night and ahead of a busy week of earnings.
The SPI is down one point at 4,919.
In local economic news today, Reserve Bank of Australia assistant governor for financial markets Guy Debelle is scheduled to deliver a speech at the KangaNews DCM Summit in Sydney.
MasterCard’s Australian SpendingPulse report, providing a macro-economic analysis of retail performance and spending in Australia is slated for launch, while the Commonwealth Bank business sales indicator for January is due out.
In equities space, BlueScope Steel, MacMahon Holdings, Southern Cross Media, PMP, Brambles, MyState and NIB are among the companies expected to post half year results, while Vodafone Hutchison and oOh! Media are slated to release full year results.
- SPI futures down 1 point to 4919
- AUD -0.06% to 71.44 US cents
- On Wall St, Dow -0.13%, S&P 500 flat, Nasdaq +0.38%
- In Europe, Stoxx 50 -0.83%, FTSE -0.36%, CAC -0.39%, DAX -0.8%
- In London, BHP -0.83%, Rio +0.16%
- Spot gold -0.3% to $US1226.80 on Friday in New York
- Brent crude -3.7% to $US33.01 at 6pm Friday in New York
- Iron ore +2.9% to $US48.52
What’s on today
Australia RBA assistant governor Guy Debelle speaks.
Local earnings: Bluescope Steel, Brambles, M2 Group, OOH!Media, Pacific Energy.
Overseas economic data: China MNI February business indicator. Japan February Markit Services PMI. US: Chicago Fed national activity index January, Markit manufacturing PMI February, Euro-Area PMIs February. Overseas earnings: Allegan, Motorola Solutions, Fitbit, AngloGold, DBS Group, HSBC. The International Energy Agency will release its five-year outlook for oil. The Mobile World Congress starts in Barcelona. NYSE rolls out Pillar trading technology.