Australian share market set for a flat start to the week as investors turn their attention to the easing of COVID-19 restrictions.
Trading on the ASX appears set for a flat start as investors stay cautious ahead of an updated forecast by the Reserve Bank on the economy.
The ASX is set to fall slightly at the open after Wall Street pulled back late in the session overnight.
The Australian share market is expected to open slightly higher after Wall Street started the week on a positive note.
Shares on the Australian stock market have fallen in early trade, including Westpac’s after a poor half-year result.
After a record April, the Australian share market is set for a dip in trading when the market opens on Friday.
Investors on Australia’s share market expect good results when trading opens after US stocks surged on COVID-19 treatment hopes.
Shares on the Australian market have a negative lead from the US, although the SPI 200 futures contract is pointing higher on Wednesday.
Stocks on the Australian market appear set for a flat start despite a strong performance by US stocks.
The Australian share market is tipped to rise at the start of trade, inspired by a gradual increase in world oil prices.