SYDNEY, Oct 9 (Reuters) - Australian stocks may get a boost
on Friday after a strong start to the U.S. company earnings
season boosted sentiment over a recovery, with resources stocks
set to gain on higher gold, metals and oil prices.
Share index futures stood 0.4 percent higher at 4,792, a 23.4 point premium to the 4,768.6 close in the underlying S&P/ASX200 index on Thursday.
Optimism over the Australian economy following an interest rate rise and strong employment data this week could continue to buoy banking and retail stocks.
New Zealand's benchmark NZX 50 index was flat at 3,170.7 in early trade.
----------------------MARKET SNAPSHOT @ 2117 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1065.48 0.75% 7.900 USD/JPY 88.42 -0.18% -0.160
10-YR US TSY YLD 3.2477 -
0.062 SPOT GOLD 1054 0.99% 10.300 US CRUDE 71.4 2.63% 1.830 DOW JONES 9786.87 0.63% 61.29 ASIA ADRS 123.89 1.71% 2.08
* Wall St climbs as Alcoa's profit increases optimism
* Oil rises above $71 on recovery hope, weak dollar
* Gold rises to record above $1,060/oz on weak dollar
* Copper jumps to 3-week high on weak dollar, Alcoa
For a digest of the day's business stories in Australian newspapers, double click on
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234))
DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Australia diary Wall Street Week Ahead Eurostocks Week Ahead ................................................................ For latest top breaking news across all markets ................................................................ TOP NEWS SUMMARIES ON OTHER SUBJECTS | U.S. Companies | European Companies | | Forex | Global Economy | | Tech.Media,Telecoms | Banking, Financials | | Politics & General | Sports | ................................................................ MAJOR STOCK MARKET REPORTS New York Weekly outlook New York Pan-Europe Weekly outlook Europe London Weekly outlook London Tokyo ................................................................ ASIA STOCK MARKETS Pan-Asia...................... Bangkok...... Karachi........ S/east Asia. Bombay....... Kuala Lumpur... Sydney/NZ... China........ Seoul.......... Taipei...... Hong Kong.... Singapore...... Tokyo........ ................................................................ Access to some items may depend on subscription level. ................................................................ UP-TO-THE-MINUTE HEADLINES Company results Economic indicators Mergers & acquisitions Interest rates LIVE PRICES & DATA World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt HOW TO FIND INFORMATION YOU NEED | | | | | || | | | LIVE PRICES & DATA: World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt Australian dollar LME price overview Keywords: MARKETS AUSTRALIA STOCKS (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News, please visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Share index futures stood 0.4 percent higher at 4,792, a 23.4 point premium to the 4,768.6 close in the underlying S&P/ASX200 index on Thursday.
Optimism over the Australian economy following an interest rate rise and strong employment data this week could continue to buoy banking and retail stocks.
New Zealand's benchmark NZX 50 index was flat at 3,170.7 in early trade.
----------------------MARKET SNAPSHOT @ 2117 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1065.48 0.75% 7.900 USD/JPY 88.42 -0.18% -0.160
10-YR US TSY YLD 3.2477 -
0.062 SPOT GOLD 1054 0.99% 10.300 US CRUDE 71.4 2.63% 1.830 DOW JONES 9786.87 0.63% 61.29 ASIA ADRS 123.89 1.71% 2.08
* Wall St climbs as Alcoa's profit increases optimism
* Oil rises above $71 on recovery hope, weak dollar
* Gold rises to record above $1,060/oz on weak dollar
* Copper jumps to 3-week high on weak dollar, Alcoa
For a digest of the day's business stories in Australian newspapers, double click on
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234))
DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Australia diary Wall Street Week Ahead Eurostocks Week Ahead ................................................................ For latest top breaking news across all markets ................................................................ TOP NEWS SUMMARIES ON OTHER SUBJECTS | U.S. Companies | European Companies | | Forex | Global Economy | | Tech.Media,Telecoms | Banking, Financials | | Politics & General | Sports | ................................................................ MAJOR STOCK MARKET REPORTS New York Weekly outlook New York Pan-Europe Weekly outlook Europe London Weekly outlook London Tokyo ................................................................ ASIA STOCK MARKETS Pan-Asia...................... Bangkok...... Karachi........ S/east Asia. Bombay....... Kuala Lumpur... Sydney/NZ... China........ Seoul.......... Taipei...... Hong Kong.... Singapore...... Tokyo........ ................................................................ Access to some items may depend on subscription level. ................................................................ UP-TO-THE-MINUTE HEADLINES Company results Economic indicators Mergers & acquisitions Interest rates LIVE PRICES & DATA World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt HOW TO FIND INFORMATION YOU NEED | | | | | || | | | LIVE PRICES & DATA: World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt Australian dollar LME price overview Keywords: MARKETS AUSTRALIA STOCKS (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News, please visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.