The Australian market looks set to open flat after erratic swings on Wall Street and falls on European bourses after the European Central Bank and Bank of England kept rates on hold.
At 0630 AEST on Friday, the June share price index futures contract was steady at 4,783.
The ECB on Thursday kept its key refinancing rate unchanged at an all-time low of 0.50 per cent in a widely anticipated move.
Also as expected, the BoE kept its main interest rate at 0.50 per cent, where it has stood for more than four years.
In economic news on Friday, the Australian Industry Group/Housing Industry Association performance of construction index (PCI) for May is due out.
Bank Of Queensland chief executive Stuart Grimshaw is to speak at a Financial Services Council/Deloittte lunch in Brisbane, while BHP Billiton chief executive Andrew Mackenzie is scheduled to address a Melbourne Mining Club function in London.
No equities news is expected on Friday.
In Australia, the market on Thursday closed more than one per cent lower as investors were swayed by ongoing negative sentiment.
It was the tenth fall in 13 sessions.
The benchmark S&P/ASX200 index was down 54.0 points, or 1.12 per cent, at 4,781.2 points, while the broader All Ordinaries index was down 53.4 points, or 1.11 per cent, to 4,771.8 points.
