ASX 200 unchanged; Flight Centre jumps on guidance update; EML Payments smashed

ASX unchanged as miners gain and tech slips. Genex soars on Scott Farquhar bid, AOF dives on Aliro exit, EML smashed on update and Flight Centre jumps on guidance upgrade.

Important economic data and a crucial US interest rate decision will frame a big week for equity investors. Picture: Gaye Gerard

Welcome to the Trading Day blog for Monday, July 25. The Australian sharemarket was unchanged at the start of a crucial week for equity markets. It comes as iron ore miners rally and tech stocks sag.

The  S&P/ASX 200 closed 1.6 points lower to 6789.90 with most sectors down.

Wall Street ended Friday with the Dow Jones Industrial Average 0.4 per cent lower, while the S&P 500 declined 0.9 per cent.

US 10-year bond yields fell to near 2.75 per cent and US 2-year yields fell to about 2.97 per cent.

Oil prices eased with the global benchmark Brent crude down 0.6 per cent to $US103.20 per barrel while the US Nymex shed 1.7 per cent to $US94.70 a barrel.

The iron ore futures price is 1.1 per cent stronger at $US104.46 per tonne.

The Aussie dollar was at US69.25c at the US close.