The Aussie market poised to open flat later this morning, after US stocks fell overnight as investors booked gains ahead of the FED’s two-day policy meeting.
The SPI futures contract is up two points at 5,334.
In local economic news, the ANZ-Roy Morgan weekly consumer confidence survey comes out.
In equities space, Beach Energy and Petsec Energy are slated to give quarterly reports, while Bega Cheese, Pacific Brands, Stockland, WorleyParsons, McMillan Shakespeare, Challenger, Noni B, and GUD Holdings have their annual general meetings.
SPI futures rose 2pt to 5334
AUD at 72.47 US cents, 87.75 Japanese yen, 65.62 Euro cents and 47.19 British pence
On Wall St, S&P 500 -0.2%, Dow -0.2%, Nasdaq +0.1%
In Europe, Stoxx 50 -0.3%, FTSE -0.4%, CAC -0.5%, DAX +0.1%
Spot gold down 84 US cents or 0.1% to $US1163.61/ounce
Brent crude down 51 US cents or 1% to $US47.48/barrel
Iron ore slips 1.1% to $US51.03 per tonne
What’s on today
Melco opens new casino in Macau, James Packer to attend. US FOMC begins two day meeting in Washington, consumer confidence, durable goods orders, and home prices.
Earnings: Merck & Co., Pfizer Inc., Textron Inc., Comcast Corp., United Parcel Service Inc., Reynolds American Inc., HCA Holdings Inc., DuPont Co., Ford Motor Co., Canadian National Railway Co., Bristol-Myers Squibb Co., Aflac Inc., Anadarko Petroleum Corp., Apple Inc., Express Scripts Holding Co., Gilead Sciences Inc., Twitter Inc., Canon Inc.
Stocks in focus
Listed leasing and finance business FlexiGroup is set to launch a $150 million rights issue to fund the acquisition of New Zealand’s Fisher & Paykel Finance.
Credit Suisse cut GUD Holdings to “neutral” from “outperform” with a target price at $9.05 a share, from $9.85 previously.