Share market set to open higher

THE Australian market looks set to open higher, following the lead of US and European stocks despite nervousness following the Paris terrorist attacks.

Mark Muller, foreground left, works with fellow traders on the floor of the New York Stock Exchange, Monday, Nov. 16, 2015. U.S. stocks are opening slightly higher as markets around the world are holding up better than many expected in the wake of the terrorist attacks in Paris. (AP Photo/Richard Drew)

THE Australian market looks set to open higher, following the lead of US and European stocks despite nervousness and volatile trade following the Paris terrorist attacks.

At 0645 AEDT on Tuesday, the December share price index futures contract was up 55 points at 5,049.

Locally, in economic news on Tuesday, the Reserve Bank of Australia releases the minutes of its November board meeting, while the ANZ-Roy Morgan weekly consumer confidence survey is also due out.

RBA assistant governor (economic) Christopher Kent is slated to speak at UBS’s Australasia Conference 2015 in Sydney.

Meanwhile, Startup launches a study on working Australians’ financial fitness.

The Melbourne Mining Club continues its series discussion.

In equities news, Ruralco is expected to post full year results and AusNet Services to release its half year results.

Commonwealth Bank, Nine Entertainment, Specialty Fashion, iSelect, Ainsworth Game Technology and Arrium have annual general meetings.

In Australia, the market on Monday closed almost one per cent lower as cautious investors mull the possible fallout from the deadly terror attacks in Paris.

The benchmark S&P/ASX200 index was down 47.5 points, or 0.94 per cent, at 5,003.8 points, according to preliminary figures.

The broader All Ordinaries index was down 47.3 points, or 0.93 per cent, at 5,064.5 points.