SYDNEY: THE Australian market looks set to open lower after Wall Street fell on renewed anxiety over falling oil prices and the rising US dollar.
At 0645 AEDT on Monday, the March share price index futures contract was down 11 points at 5,801.
In local economic news on Monday, Reserve Bank of Australia assistant governor for financial markets Guy Debelle is slated to deliver a speech at the KangaNews DCM Summit.
The Australian Bureau of Statistics releases new motor vehicles sales for February while the Women on Boards 2015 Boardroom Diversity Index is also due out.
In equities news, Retail Food Group has an extraordinary general meeting to vote on the acquisitions of Di Bella Coffee and Gloria Jeans Coffee.
In Australia, the market on Friday fell, dragged lower by the big banks and miners, while internet provider TPG Telecom shone due to its $1.4 billion takeover deal with iiNet.
The benchmark S&P/ASX200 index was down 35.7 points, or 0.61 per cent, at 5,814.5 points.
The broader All Ordinaries index was down 28 points, or 0.48 per cent, at 5,788.0 points.
