Good morning team, Chris Conway your Head of Research here with your First Look.
The Aussie market is set to start the new trading week on a positive note, bolstered by gains in Europe and Wall Street on Friday night.
SPI futures closed up 18 points on Saturday morning, at 5707.
With Wall Street closed tonight for the Martin Luther King Jr holiday, there’s a chance volumes will be lighter than usual today and tomorrow.
Today’s Agenda
Local data: MI inflation gauge December
Overseas data: US markets closed for Martin Luther King Jr holiday; Japan machine orders November, PPI December; Euro zone trade balance November
Key trades
What happened overnight?
The post Morning Market Update, Updated 16 January 2017 appeared first on Market Pulse.