The Aussie market looks is poised to open flat later this morning, despite soft leads from Wall Street, which fell as losses in commodity-related and industrial shares offset gains in healthcare.
The SPI futures are up just one points, 4981.
In economic news today, the Reserve Bank of Australia holds its monthly board meeting in Hobart and makes its interest rate decision, while the Australian Bureau of Statistics releases February’s international trade in goods and services data.
The ANZ-Roy Morgan weekly consumer confidence survey is due out, as is the Dun and Bradstreet business expectations survey and the Australian Industry Group’s Australian Performance of Services Index for March.
In equities news, Macquarie Atlas Roads has its annual general meeting in Sydney.
Roy Hill Holdings chief executive Barry Fitzgerald is slated to speak at an American Chamber of Commerce breakfast in Perth and the Australian Financial Review’s two-day Banking and Wealth Summit starts in Sydney.
- SPI up one points 4981
- AUD at US76.05 cents
- Dow Jones -0.4%, S&P500 -0.5%, Nasdaq -0.5%
- FTSE100 +0.3%, CAC +0.5%, DAX +0.3%
- Spot gold –0.6% at $US1215.01 an ounce
- Brent oil -2.4% at $US37.74 a barrel
- Iron ore steady at $US54.80 a tonne