|Good morning, Tumul Sinha – Equities Research Analyst – here with your First Look.
What’s on today:
Local data: AIG Construction survey, RBA Rate Statement, RBA Cash Rate
Overseas data: ECB President Draghi Speaks, European Retail PMI, European Retail Sales
SPI futures +0.42%, up 25 points, to 5958.
AUD +0.5% to US76.86¢
On Wall St: Dow Jones +0.1%, S&P 500 +0.2%, Nasdaq +0.4%
In Europe: Stoxx 50 -0.2%, FTSE +0.03%, CAC 40 -0.2%, DAX -0.07%
Spot gold +0.8% to $US1,280.36
Brent crude+3% to $US63.95 a barrel
Iron ore +5.8% to $US63.36 a tonne
LME aluminium -0.6% to $US2,171 a tonne
LME copper +1.1% to $US6,970 a tonne