THE Australian market looks set to open lower after falls on the US and Asian markets.
At 6.55am (AEDT) today, the December share price index futures contract was down 32 points at 3856.
In economic news today, the Australian Bureau of Statistics (ABS) releases its international trade in goods and services data for August and its building approvals for August.
Also, the Reserve Bank of Australia holds its monthly board meeting and makes its interest rate decision.
In equities news, the Airbus Global Market Forecasts 2011 is given by Airbus' John Leahy, while Siemens Australia chairman Albert Goller and Deloitte Australia chief executive Giam Swiegers address a Committee of Economic Development in Australia luncheon.
In Australia, the market yesterday closed sharply lower, shedding about $35 billion in value with less buyers in the market on a public holiday.
Start of sidebar. Skip to end of sidebar.
End of sidebar. Return to start of sidebar.
The benchmark S&P/ASX200 index was down 111.6 points, or 2.8 per cent, at 3897, while the broader All Ordinaries index dropped 109.4 points, or 2.7 per cent, to 3960.7.
