Good Morning, Thomas King your Senior Research Analyst here with your First Look.
THE Australian market looks set to open flat after Wall declined, as news the FBI will review more emails related to Democratic presidential candidate Hillary Clinton’s private email use spurred a sharp drop.
The SPI is trading up 5 points at 5258.
Locally, in economic news, the Reserve Bank of Australia releases financial aggregates data, and TD Securities-Melbourne Institute’s monthly inflation gauge is due out.
No major equities news is expected.
– The SPI is trading up 5 points at 5258
– AUD trading at 75.95 US cents on Saturday morning
– On Wall St, Dow -0.1%, S&P 500 -0.3%, Nasdaq -0.5%
– In New York, BHP +0.6%, Rio +0.9%
– In Europe, Stoxx 50 -0.2%, FTSE +0.1%, CAC +0.3%, DAX -0.2%
– Spot gold +0.6% to $US1275.47 an ounce on Friday in New York
– Brent crude -1.6% to $US49.69 a barrel on Friday in New York
– Iron ore +1.5% to $US63.96 a tonne on Friday
– LME aluminium +1.1% to $US1718 a tonne on Friday in London
What’s on today
RBC credit statistics, Melbourne Institute monthly inflation gauge; NZ ANZ business survey, building consents and credit aggregates