The Aussie market looks set to open lower later this morning, after Wall Street overnight slumped on worries about China and Greece in a session that was overshadowed by a lengthy outage at the New York Stock Exchange due to technical problems.
The September SPI futures contract is down 32 points, at 5369.
In local economic news today, the Australian Bureau of Statistics releases June’s labour force data.
No major equities news is expected, but Telstra’s chief executive Andrew Penn will deliver a speech at a CEDA event.
SPI down 32 points at 5369
AUD at 74.26 US cents
Dow Jones -1.47%, S&P500 -1.66%, Nasdaq -1.75%
FTSE100 +0.91%, CAC +0.75%, DAX +0.66%
Spot gold up 0.6% at $US1159.91 an ounce
Brent oil up 0.2% at $US57.27 per barrel
Iron ore down 10.1% at $US44.59 per tonne