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The Aussie share market is set to open flat this morning, following U.S. shares shaking off a slow start with the Nasdaq finishing above 11,000 for the first time in history.
The RBA statement on Monetary policy will be released at 11:30am today and the China trade balance for July will also be released. Tonight, U.S. July nonfarm payrolls will be released, which will shine further light on the employment situation in the U.S..
Gold extended its record rally for the fifth day in a row, with more indecision from U.S. lawmakers regarding a second COVID-19 stimulus package combined with a soft U.S. dollar, continued to support gold moving towards the US$2,100 mark.
Companies reporting today:
Bell Potter Trading ideas: