The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) could end the week in the red today, with the futures market pointing to a drop at the open, while the Australian dollar has also charged higher to beyond US75 cents.
Here's a quick recap:
- FTSE 100 (UK): up 0.03%
- DAX (Germany): down 1.07%
- CAC 40 (France): down 0.51%
- Dow Jones (USA): down 0.32%
- NASDAQ (USA): down 0.29%
Infant formula maker Bellamy's Australia Ltd (ASX: BAL) will likely be in focus again today. Its shares have fallen 34% over the past two sessions after emerging from a lengthy trading suspension.
Blackmores Limited (ASX: BKL) could also receive some attention. Unlike Bellamy's, however, Blackmores shares rose 4.7% on Thursday.
The iron ore price lifted 0.7% overnight, which could support companies such as BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG).
Junior iron ore miner Atlas Iron Limited (ASX: AGO) could be on the radar for resources investors. The S&P upgraded the company's credit rating to 'B-' from 'CCC' yesterday.
Meanwhile, the gold price came close to cracking the $1,200 per ounce price tag, which may help boost miners such as EVOLUTION FPO (ASX: EVN) and Newcrest Mining Limited (ASX: NCM).
