Aust stocks set to open lower

Local market set to follow Wall St's downward lead after Fed official warned on taper.

The Australian stock market looks set to open lower following Wall Street's downward lead after a top Federal Reserve official warned the bank's stimulus measures couldn't continue forever.

At 0645 AEDT, the December share price index futures contract was down 21 points at 5,390.

In economic news on Wednesday, the Australian Bureau of Statistics releases September wage price index and October new motor vehicle sales data.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles