MARKET NEWS

Aust shares set to open lower
20/07/2018 7:22 AM

Australian shares look set to open lower on the back of a fall on Wall Street overnight sparked by concerns the European Union could slap retaliatory tariffs on goods imported from the United States.

In futures trading, the SPI200 futures contract was down 11 points, or 0.18 per cent, to 6,201 points at 0700 AEST, pointing to a lower open for the Australian stock market on Friday.

On Wall Street the Dow Jones Industrial Average is down 134.79 points, or 0.53 per cent at 25,064 points

The Australian dollar is buying 73.55 US cents, down from 73.98 US cents on Thursday.

Aust shares set to open higher
19/07/2018 7:45 AM

Australian shares look set to open higher on the back of a rise on Wall Street overnight on the back of reinforced expectations for a strong second-quarter reporting season.

In futures trading, the SPI200 futures contract was up nine points, or 0.15 per cent, to 6,203 points at 0730 AEST, pointing to a higher open for the Australian stock market on Thursday.

On Wall Street the Dow Jones Industrial Average is up 79.4 points, or 0.32 per cent at 25,199 points.

The Australian dollar is buying 73.98 US cents, up from 73.50 US cents on Thursday.

Aust shares set to open higher
18/07/2018 7:39 AM

Australian shares look set to open higher on the back of Wall Street posting its fourth consecutive session of gains buoyed by Federal Reserve Chairman Jerome Powell's optimistic outlook.

In futures trading, the SPI200 futures contract was up 21 points, or 0.34 per cent, to 6,179 points at 0700 AEST, pointing to a higher open for the Australian stock market on Wednesday.

On Wall Street the Dow Jones Industrial Average is up 55.53 points, or 0.22 per cent at 25,119 points

The Australian dollar is buying 73.88 US cents.