Good Morning, Thomas King your Senior Research Analyst here with your First Look.
The Australian market looks set to open lower after the S&P 500 ended lower for a ninth straight day, the longest losing streak for the benchmark index in more than 35 years, as investors stayed on edge ahead of an uncertain US election.
The SPI is trading at 5128 down 24 points.
Locally, in economic news on Monday, the Australian Bureau of Statistics releases September livestock and meat statistics.
In equities news, Westpac releases its full-year results while Domino’s Pizza holds its annual general meeting in Brisbane.
– The SPI is trading at 5128 down 24 points
– AUD trading at 76.74 US cents on Saturday morning
– On Wall St, Dow -0.2%, S&P 500 -0.2%, Nasdaq -0.2%
– In New York, BHP -1.2%, Rio -1.8%
– In Europe, Stoxx 50 -0.6%, FTSE -1.4%, CAC -0.8%, DAX -0.7%
– Spot gold +0.2% to $US1305.06 an ounce on Friday in New York
– Brent crude -1.7% to $US45.58 a barrel on Friday in New York
– LME aluminium -0.5 per cent at $US1722 a tonne on Friday in London
What’s on today
AiG Performance of construction October, ANZ job ads October