Good Morning, Thomas King your Senior Research Analyst here with your First Look.
The Australian market looks set to open lower Wall Street again fell, after the Federal Reserve kept interest rates unchanged but signalled it could hike in December.
The SPI is trading at 5167, down 17 points.
US stocks remained pressured by uncertainty over the impending US elections with signs that Republican candidate Donald Trump was closing the gap with rival Democrat Hillary Clinton.
Locally, in economic news on Thursday, the Australian Bureau of Statistics releases September international trade in goods and services data while the Australian Industry Group Australian Performance of Services Index (PSI) for October is also due out.
In equities news, ANZ is expected to post full-year results, as is BT Investment Management.
Fairfax Media, Downer EDI and Boral have their annual general meetings..
– The SPI is trading at 5167, down 17 points
– AUD +0.1% to 76.56 US cents
– On Wall St, Dow -0.4%, S&P 500 -0.7%, Nasdaq -0.9%
– In New York, BHP -1.7%, Rio -0.7%
– In Europe, Stoxx 50 -1.4%, FTSE -1%, CAC -1.2%, DAX -1.5%
– Spot gold +1.4% to $US1306.69 an ounce
– Brent crude -3.1% to $US46.64 a barrel
– LME aluminium -0.5% to $US1726.50 a tonne
What’s on today
AiG Perf services October, Trade balance September