SYDNEY: The Australian sharemarket looks set to open flat following an anaemic lead from the US.
At 6.45am (AEST), the June share price index futures contract was up three points at 5,465.
Wall Street stocks finished little-changed as a General Electric asset sale offset worries about spiking US Treasury bond yields.
Locally on Wednesday, the Westpac/Melbourne Institute Survey of Consumer Sentiment and the ANZ-Roy Morgan weekly consumer confidence survey are due out.And in Brisbane, Reserve Bank governor Glenn Stevens speaks at an Economic Society of Australia lunch.
In equities news, ANZ chief executive Mike Smith speaks at a Trans-Tasman Business Circle lunch.
The local market extended its losing streak on Tuesday, closing weaker for a sixth straight session.
The benchmark S&P/ASX200 index was down 27.2 points, or 0.5 per cent, at 5,471.3 points.
The broader All Ordinaries index was down 26.8 points, or 0.5 per cent, at 5,479.7 points.
