The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open slightly in the red this morning, but could find some support from the BHP Billiton Limited (ASX: BHP) share price and Rio Tinto Limited (ASX: RIO) share price.
Here's a quick recap:
- FTSE 100 (UK): up 0.05%
- DAX (Germany): down 0.37%
- CAC 40 (France): down 0.73%
- Dow Jones (USA): up 0.28%
- NASDAQ (USA): down 0.42%
The BHP share price and Rio Tinto share price could receive a boost after the iron ore price surged more than 7% higher overnight. The Fortescue Metals Group Limited (ASX: FMG) share price could also benefit.
Elsewhere, attention will be on a number of businesses as the August reporting season gets underway.
iSentia Group Ltd (ASX: ISD) kicked off this morning with a disappointing update, saying it expects to report full-year revenue of $155.1 million and underlying earnings (EBITDA) of $41.5 million. Previously, the company had guided for $162 million in revenue and $44 million EBITDA.
The Credit Corp Group Limited (ASX: CCP) share price has trended lower over the past month, but that could change today after the company reported 20% growth in net profit after tax (NPAT) for the 2017 financial year, and guided for between 9% and 14% growth in 2018.
Navitas Limited (ASX: NVT) and CYBG PLC CDI 1:1 (ASX: CYB), or Clydesdale Bank, are due to report their recent results today, as well.
