Aust stocks set for soft open

By AAP

The Australian sharemarket looks set to open lower after falls on US and European bourses amid escalating tensions between the West and Russia, and talk of possible military action by the US. At 6. 45am (AEST), the September share price index futures contract was down 23 points at 5,426.

In economic news on Friday, the Reserve Bank of Australia releases its Statement on Monetary Policy and the Australian Bureau of Statistics releases June housing finance figures.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Read more here: Business Spectator

    

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