Aust stocks tipped for flat open

Investors eye next batch of local earnings releases amid weak US data.

The Australian market looks set to open flat after Wall Street finished modestly lower following weak housing figures but European markets rose as traders digested mixed retail sales data out of Britain.

At 0645 AEDT on Monday, the March share price index futures contract was down one point at 5,413.

No major local economic news is expected on Monday.

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