Australian market set to open flat

The Australian market looks set to open flat after Wall Street gained following the first of three televised US presidential debates.

At 0645 AEST on Wednesday, the share price index was down five points at 5,402.

Democraticpresidential candidate Hillary Clinton and Republican Donald Trump went head to head in the first of three televised debates ahead of the US presidential vote on November 8.

Locally, in economic news on Wednesday, Reserve Bank of Australia Assistant Governor (Financial System) Malcolm Edey is slated to speak at the Australian Financial Review retail summit in Melbourne.

In equities news, ASX and AGL Energy hold their annual general meetings in Sydney.

And, Foxtel chief executive Peter Tonagh is scheduled to speak at an American Chamber of Commerce in Australia lunch in Sydney.

In Australia, the market on Tuesday finished lower, but did claw back some earlier losses following signs Clinton was leading the presidential debate.

The benchmark S&P/ASX200 index fell 25.5 points, or 0.47 per cent, to 5,405.9 points.

The broader All Ordinaries index lost 25.4 points, or 0.46 per cent, to 5,493.7 points.

Market Data

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