Sydney, Aug 21, 2007 (ABN Newswire) -
Australian shares could open on firmer ground today. Wall Street ended the day in mostly positive territory; while firmer metal prices could lend support to mining firms.
On Monday the S&P/ASX200 staged its biggest one-day percentage gain in a decade, finishing 262 points stronger and ending at 5,933. On the futures market the SPI200 is up 18.
Turning to currencies, the Australian dollar is moving back towards 81 cents against the US dollar. At 8:35 AM the Aussie dollar is buying 80.77 US cents, on the crosses the dollar is buying 92.89 yen, 59.91 Euro cents, and 40.6 British pence
The full report is available at the following video and audio links.
Video Link
http://abnnewswire.net/fnnlnk/XF83SA2RAudio Link
http://acnnewswire.net/lnk/8UN92Y76About Finance News Network
Finance News Network (FNN) has been producing up-to-date concise business and finance news tailored to traders and investors alike since 2002. FNN content reaches a diverse and constantly growing audience via online streaming video, Street Vision broadcasts and the Telstra 3G mobile phone network.
http://www.finnewsnetwork.com.au
