Good morning team, Chris Conway your Chief Market and Trading Strategist here with your First Look.
SPI futures are pointing to a 15-point pop on the open, after US markets pushed higher overnight.
Energy, financials and telcos were the best performers stateside, with traders hopeful that lower corporate tax rates will allow companies to spend additional capital on dividends, new projects and wages, which could give a boost to the overall economy.
SPI futures up 14 points, at 6029
AUD little changed at 76.99 cents
On Wall St: Dow +0.5%, S&P 500 +0.4%, Nasdaq +0.4%
In Europe: Stoxx 50 +0.5%, FTSE +1.1%, CAC +0.6%, DAX +0.3%
Spot gold unchanged at $US1266.86 an ounce
Brent crude +0.3% to $US64.59 a barrel
Iron ore unchanged at $US72.82 a tonne
What happened overnight: