The Australian market looks set to open flat following a mixed lead from Wall Street.
At 0645 AEDT on Wednesday, the March share price index futures contract was down five points at 5,283.
The Dow Jones Industrial Average was down 0.2 per cent, while both the S&P500 and the Nasdaq were higher, up 0.18 and 0.51 per cent, respectively, at 0650 AEDT.
Solid earnings from Johnson & Johnson, Delta Air Lines and others boosted sentiment at the start of another busy week of fourth quarter earnings releases.
Locally, in economic news on Wednesday, the Australian Bureau of Statistics releases CPI data for the December quarter while the Westpac-Melbourne Institute Indexes of Economic Activity for November is also due out.
In major equities news, BHP Billiton is expected to post its fourth quarter production report.
In Australia, the market on Tuesday shook off a negative start to finish higher as strength among the major banks outweighed weakness in the resources sector.
The benchmark S&P/ASX200 index was up 36.5 points, or 0.69 per cent, at 5,331.5 points.
The broader All Ordinaries index was up 34.4 points, or 0.65 per cent, at 5,342.0 points.