Sydney, Oct 26, 2007 (ABN Newswire) - Australian shares could be searching for direction this morning after a weak lead from the US, but with record high oil prices underpinning energy firms.

The S&P/ASX200 finished 10 points weaker to 6,624 yesterday. On the futures market the SPI200 is up 41.

Turning to currencies, At 8:40 AM the Aussie dollar is buying 90.87 US cents, on the crosses the dollar is buying 103.75 yen, 63.45 Euro cents, and 44.29 British pence.

The full report is available at the following video and audio links.

Video Link

http://abnnewswire.net/fnnlnk/8MVLDMTV


Audio Link

http://abnnewswire.net/lnk/C6J80TU5


Source: Finance News Network © 2007 http://www.finnewsnetwork.com.au

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