Here's what you need to know about the markets this evening:

Markets

  • The ASX200 fell 0.4%, snapping a 10-day winning streak
  • The dollar lost ground, buying $US1.0401, 94.5 yen, 76.65 euro cents
  • The Nikkei was up 0.2%, while the Shanghai Composite gained 0.1%
  • Wall Street futures were slightly lower, FTSE100 futures were down 0.2%
  • WTI crude oil inches up to US98.01, Brent to $US115.09 a barrel
  • Spot gold climbs 0.2 per cent to $US1680.15 an ounce

Overnight

  • In the US: initial job claims are tipped to rise to 365k
  • Personal income in December: +3.4% expected
  • Chicago PMI: a reading of 50 is forecast
  • Altria Group (prev Philip Morris) reports earnings

Tomorrow

  • ABS Producer prices indexes for the December quarter
  • Reserve Bank of Australia index of commodity prices for month just ended.
  • The Australian Industry Group performance of manufacturing (PMI) index for January
  • RP Data-Rismark home prices (January)
  • ACCC holds a pre-determination hearing on Qantas-Emirates deal
  • Sundance Resources scheme meeting regarding the Hanlong takeover