SYDNEY: The Australian market looks set for a flat open, after US stocks edged higher.
At 0700 AEST on Wednesday, the September share price index futures contract was up one point at 5,624.
Wall Street was slightly higher helped by some positive US and eurozone economic data and as investors kept a wait-and-see attitude on Greece’s looming debt deal.
Locally on Wednesday, Origin Energy managing director Grant King speaks at an Australia-Israel Chamber of Commerce lunch in Sydney.
Also, Macdonald’s Australia chief executive Andrew Gregory will address an American Chamber of Commerce in Australia lunch.
In Australia, the market on Tuesday notched up a third consecutive day of gains on optimism about the Greek government striking a debt bailout deal to avoid leaving the eurozone.
The benchmark SP/ASX200 index was up 74.1 points, or 1.32 per cent, at 5,684.3 points.
The broader All Ordinaries index was up 68.3 points, or 1.2 per cent, at 5,671.4 points.
