The Australian market looks set to open flat following falls on Wall Street, which was weighed down by Apple after antitrust regulators ordered it pay about $A19 billion in back taxes to Ireland.
The SPI was up 8 points, trading at 5467.
Locally, no major economic news is expected on Wednesday.
In equities news, Harvey Norman and Catapult are expected to post full-year results.
- The SPI was up 8 points, trading at 5467
- AUD -0.8% to 75.04 US cents
- On Wall St, Dow -0.3%, S&P 500 -0.2%, Nasdaq -0.2%
- In New York, BHP -2.2%, Rio -3.4%, Apple -0.8%
- In Europe, Stoxx 50 +1.1%, FTSE -0.3%, CAC 0.8%, DAX +1.1%
- Spot gold -0.8% to $US1313.20 an ounce
- Brent crude -1.8% to $US48.39 a barrel
What’s on today
Local data: Private sector credit July, RBA’s Debelle speaks at 11am, NZ ANZ business confidence August
Local earnings: Adelaide Brighton, Independence Group, Bank of Queensland, Harvey Norman