Australia stocks set to open little changed; oil prices surge

Australia's March retail sales data is set to be out around 9:30 a.m. HK/SIN on Wednesday.

Oil prices surged on Tuesday as they got a boost from optimism around ongoing production cuts and a recovery in demand as economies around the world reopen. Stocks in Australia were set to open little changed ahead of the country's release of retail sales data for March.last close at 5,407.10. On the economic data front, Australia's March retail sales data is set to be out around 9:30 a.m. HK/SIN on Wednesday.

Ahead of that release, National Australia Bank Economist Tapas Strickland wrote in a note that the data is "unlikely to be market moving" as the Australian Bureau of Statistics now publishes a flash measure of retail sales.Overnight stateside, stocks rose for a second day as investors bet on the U.S. economy reopening again. The

We carry in our hearts the true country And that cannot be stolen We follow in the steps of our ancestry And that cannot be broken We don't need protection Don't need your land Keep your promise on where we stand We will listen we'll understand

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Dollar firm but stocks, oil under pressure as U.S.-China tensions riseThe dollar rose, oil fell and stock markets were poised to slip on Monday as rising U.S.-China tensions over the coronavirus - and growing unease at the gulf between asset prices and grim economic reality - turned investors cautious. thirdrowtesla Trickle down really meant limp noodling.
Fonte: Reuters - 🏆 2. / 97 Leggi di più »