The Australian share market has opened slightly lower.
At 1017 AEDT, the benchmark S&P/ASX200 index was down 6.5 points, or 0.15 per cent, at 4,286.6, while the broader All Ordinaries index was 5.5 points, or 0.16 per cent, at 4,366.6.
The Australian dollar has fallen to its lowest level in a month, as the US dollar strengthens and leadership tensions re-ignite in Australia.
At 0700 AEDT, the Australian dollar was trading at 106.43 US cents, down from 106.71 cents yestrerday.
US stocks have ended modestly in the red following disappointing eurozone data that added to signs of recession in the debt-racked region.
The Dow Jones Industrial Average on Wednesday closed 27.02 points lower (0.21 per cent) at 12,938.67.
The Australian share market opened softer this morning as markets responded to news of Greece's latest bail-out package.
Yesterday, 17 nations in the euro zone approved a new 130 billion euro ($A161 billion) rescue package to help Greece escape default.
The Australian dollar fell amid fears that Greece will need more financial help despite the approval of a second bailout package.
At 0700 AEDT, the Australian dollar was trading at 106.72 US cents, more than half a US cent down from 107.38 cents yesterday.
The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close flat on Tuesday, in a bumpy day spurred by news of a long-awaited new bailout for Greece.
Wealth Management group Entrust has bolstered its management ranks with the appointment of former Snap Group boss Grant Vernon as its new chief executive.
An agreement for a second bailout deal for Greece buoyed the Australian share market, with all market sectors moving into positive territory as investor confidence strengthened.
Australia's inflation outlook leaves room for another cash rate cut, the Reserve Bank of Australia (RBA) says, but only if demand conditions were to wind back significantly.
The Australian share market opened flat this morning, with stocks moving slightly up or down, as investors awaited the outcome of the euro zone finance ministers' meeting in Brussels.
The Australian dollar is slightly lower ahead of the outcome of the euro zone finance ministers meeting in Brussels.
The European ministers, at a two-day meeting, are expected to approve the delivery of the second bailout package for Greece to save the country from bankruptcy.
European shares closed at a near seven-month high on Monday as euro zone finance ministers edged closer to a long-awaited agreement on a rescue package for Greece.
The Australian dollar was unmoved from its last close today, ignoring positive developments in China because of uncertainty ahead of a key euro zone meeting to resolve Greece's debt crisis.
The Australian share market rallied over one per cent on a raft of corporate earnings results and the likelihood of euro zone finance ministers approving another bailout for Greece.
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