Good morning team, Chris Conway your Head of Research here with your First Look.
The Aussie market is poised to open in the red this morning, after a seven-session rally on the Dow Jones in the US fizzled overnight, with traders wanting more clarity on Donald Trump’s policies as president.
The SPI futures are down 17 points, at 5303.
In local economic news today, the Australian Bureau of Statistics releases October labour force data, plus the National Accounts — State Accounts for 2015/16.
In equities news, James Hardie is expected to post its half-year results. Meanwhile, BHP Billiton, Village Roadshow, Seven Group Holdings, Mirvac, Sonic Healthcare, Amaysim hold their annual general meetings.
- SPI down 17 points at 5303
- AUD at US74.81¢
- Dow Jones -0.4%; S&P500 -0.3%; Nasdaq +0.3%
- FTSE100 -0.6%, CAC -0.8%, DAX -0.7%
- Spot gold -0.3% at $US1225.18 an ounce
- Brent oil -0.4% at $US46.75 a barrel
- Iron ore -0.4% at $US72.42 a tonne