The Australian market looks set to open lower after Wall Street retreated, pulled lower by materials and health care sectors weakness and amid nervousness over a possible upcoming interest rate rise.
The SPI is trading down 10 points, at 5533.
Locally, in economic news, The Australian Bureau of Statistics releases Labour Force figures for July, along with Assets and Liabilities of Australian Securities for the three months to June and the private new capital expenditure and expected expenditure for the same quarter.
In equities news, the Nine Network, Flight Centre, Woolworths, David Jones, Amcor, South32, Southern Cross Media, The Retail Food Group, Sims Metal Management and Mortgage Choice are among the companies expected to release full- year results.
- The SPI is trading down 10 points, at 5533
- AUD -0.1% to 76.04 US cents
- On Wall St, Dow -0.4%, S&P 500 -0.5%, Nasdaq -0.8%
- In Europe, Stoxx 50 +0.5%, FTSE -0.5%, CAC +0.3%, DAX +0.3%
- Spot gold -1% to $US1324.40 an ounce
- Brent crude -1.9% to $US49.03 a barrel
What’s on today
Local data: Private capital expenditures Q2
Local earnings: Retail Food Group, Eclipx Group, Perpetual, Sims Metal, Alumina, Iluka Resources, South32, Western Areas, Saracen Minerals, Breville Group, Woolworths, Nine Entertainment Co, MYOB, Platinum Asset Management, Southern Cross Media, Village Roadshow, Flight Centre, Amcor, Cromwell Property, Asaleo Care