THE Australian dollar has slipped back below 78 US cents as the US dollar regain its strength.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
The Greek stock exchange jumped almost eight per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country’s bailout obligations.
In local economic news on Wednesday, the Australian Bureau of Statistics releases December housing finance figures while the Westpac/Melbourne Institute Survey of Consumer Sentiment is also due out.
In equities news, Commonwealth Bank, Suncorp Group, AGL Energy, CSL, Boral, Stockland, Skilled Group, Goodman Fielder, Domino’s Pizza, OZ Minerals, Computershare and BWP Trust are expected to post half year results while Genworth Mortgage Insurance is slated to release full year results.
In Australia, the market on Tuesday closed lower for a second straight session after its record-breaking 12 days of gains. The benchmark S&P/ASX200 index was down 14.3 points, or 0.25 per cent, at 5,800.6 points.
The broader All Ordinaries index was down 12.7 points, or 0.22 per cent, at 5,757.4 points.
The US dollar pushed higher overnight after a US Federal Reserve official said interest rates should rise from mid-2015.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
The Greek stock exchange jumped almost eight per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country’s bailout obligations.
In local economic news on Wednesday, the Australian Bureau of Statistics releases December housing finance figures while the Westpac/Melbourne Institute Survey of Consumer Sentiment is also due out.
In equities news, Commonwealth Bank, Suncorp Group, AGL Energy, CSL, Boral, Stockland, Skilled Group, Goodman Fielder, Domino’s Pizza, OZ Minerals, Computershare and BWP Trust are expected to post half year results while Genworth Mortgage Insurance is slated to release full year results.
In Australia, the market on Tuesday closed lower for a second straight session after its record-breaking 12 days of gains. The benchmark S&P/ASX200 index was down 14.3 points, or 0.25 per cent, at 5,800.6 points.
The broader All Ordinaries index was down 12.7 points, or 0.22 per cent, at 5,757.4 points.
The US dollar pushed higher overnight after a US Federal Reserve official said interest rates should rise from mid-2015.
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