Netquote.com.au announced today in their Morning Market...

Netquote.com.au announced today in their Morning Market Newsletter:

SYDNEY - The Australian stock market is expected to open lower, after a negative finish on Wall Street and weaker commodities prices during the offshore session.
At 0703 AEST on the Sydney Futures Exchange, the June share price index contract was 54 points lower at 4,637 points, on a volume of 8,413 contracts.
In economics news on Thursday, the Australian Bureau of Statistics was due to release the balance of goods and services data for March and retail sales figures for the same month.
The Australian Office of Financial Management was scheduled to auction $1.2 billion of short-term Treasury notes.
In companies news, National Australia Bank Ltd was scheduled to release its first half results.
ANZ Banking Group Ltd chief executive Mike Smith was due to address Committee for Economic Development in Australia lunch.
Brambles Ltd was expected to release a trading update.
Santos Ltd is holding its annual general meeting.
Bougainville Copper Ltd is expected to announce a deal to develop liquefied natural gas in Victoria.
The Australian share market closed lower on Wednesday, following weaker offshore leads, but mining stocks recovered some lost ground from their heavy sell off that was sparked by the super profits tax proposal.
The benchmark S&P/ASX200 index closed down 63.1 points, or 1.33 per cent, at 4,674 points, while the broader All Ordinaries index finished down 61.3 points, or 1.29 per cent, at 4,692 points.