Morning Update [CPS NewsWire, Tuesday, June 15, 2010]

SHARES SET FOR CAUTIOUS START  June 15 (Business Day) The Australian share market appears set for a flat start following its long weekend as a late fall on Wall Street overnight offset gains in Europe and Asia.  On the Sydney Futures Exchange, the June share price index contract was up five points at 4,531. On Friday, the benchmark S&P/ASX200 index added 70.2 points, or 1.58 per cent, to 4,505.5 points, while the broader All Ordinaries index was up 68.1 points, or 1.53 per cent, at 4,516.5 points.  ...  Gold dropped as investors sought riskier assets. August gold fell $US5.70 to settle at $US1,224.50 an ounce.  ...  http://www.businessday.com.au/business/markets/shares-set-for-cautious-start-20100615-yanr.html