Australian market set to open higher
The Australian market looks set to open higher following gains of more than one per cent on Wall Street.
At 0645 AEDT on Thursday, the December share price index futures contract was up 51 points at 5,276.
Locally, in economic news on Thursday, the Australian Bureau of Statistics releases September's jobs figures, while Reserve Bank of Australia head of financial stability, Luci Ellis, is due to speak at the Paul Woolley Centre for the Study of Capital Market Dysfunctionality Conference.
In equities news, Bank of Queensland is expected to release full year results and Transurban has its annual general meeting.
Meanwhile, Goldcorp chief executive Chuck Jeannes is slated to speak at a Melbourne Mining Club lunch, RAMs chief executive Martine Jager is scheduled to speak at American Chamber of Commerce in Australia lunch and Qantas Loyalty boss Lesley Grant is due to address the Trans-Tasman Business Circle lunch.
In Australia, the market on Wednesday fell steeply on a weaker than expected global economic outlook.
The benchmark S&P/ASX200 index shed 42.9 points, or 0.81 per cent, at 5,241.3 points, while the broader All Ordinaries index was down 43.2 points, or 0.82 per cent, at 5,241.6 points.
