The Australian bourse is expected to start flat this morning after taking mostly flat to negative leads from major Asian and European markets yesterday as Wall Street stayed closed for the US July 4 Holiday.

On the Sydney Futures Exchange, the September share price index contract fell 13 points at 4195.

In economic news scheduled for today, the Reserve Bank of Australia is expected to announce its decision at 2.30pm AEST after holding its monthly board meeting to consider, inter alia, its position on the official interest rate.

The Australian Chamber of Commerce and Industry is set to issue its survey of investor confidence for the June quarter. Meanwhile, the Australian Bureau of Statistics releases data for international trade in goods and services for May.

In equities news, Cameron Clyne, chief executive of National Australia Bank Ltd, is to deliver a speech to American Chamber of Commerce in Australia luncheon in Adelaide.

Executive director Sam Walsh of Rio Tinto Iron Ore addresses the Chamber at a breakfast briefing in Perth.

Air Mauritius starts its Sydney-Mauritius flight at Sydney International Airport.
Yesterday, the benchmark S&P/ASX200 index slid down 16.6 points, or 0.39 per cent, at 4222.1.The broader All Ordinaries index plunged 14.3 points, or 0.34 per cent, to 4250.6, its undermost level since July 31, 2009.