Australian market set to open lower

The Australian market looks set to open lower, following the negative lead of international markets which have fallen ahead of the first US presidential debate between HIllary Clinton and Donald Trump.

At 0645 AEST on Tuesday, the share price index was down 41 points at 5,376.

Locally, no major economic or equities news is expected on Tuesday.

In Australia, the market on Monday closed flat ahead of the US presidential debate and following weak cues from Wall Street and a sharp fall in oil prices.

The benchmark S&P/ASX200 index rose just 0.1 points to 5,431.4 points.

The broader All Ordinaries gained 0.5 points, or 0.01 per cent, to 5,519.1 points.

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