Share prices in Australia are looking set to open higher despite a mixed session in New York overnight.
At 9:25 am AEDT (10:25 pm GMT) the S&P/ASX 200 share price index futures March contract was trading 12 points (0.14%) higher at 8,248 points.
On Wall Street, the S&P 500 and Nasdaq Composite indices closed 0.6% and 1.2% higher on Monday (Tuesday AEDT) but the Dow Jones Industrial Average dropped 0.1%.
In Australia, eyes will remain on Insignia Financial (ASX: IFL) which surged yesterday after receiving a second takeover offer on higher than average trading volumes.
Shares in the financial services company closed at $4.06, below the non-binding offer from New York-based private equity player CC Capital of $4.30 cash, which in turned had trumped a rejected bid of $4.00 from private equity giant Bain Capital.
In economic data, the Australian Bureau of Statistics will publish November building approvals figures today.
The Australian market closed slightly higher on Monday.
Yields had fallen in the bond markets by 9:40 am AEDT with 10-year Australian Government rates sitting 0.18% lower at 4.477% and two-year rates down 0.23% at 3.936%.
