Day Trading 14 Sept Pre Market

Morning all

SPI: -11 @ 5152
XJO Yesterday: -11 @ 5207

Yesterday finished in the red despite a 79 point higher lead in futures before the open. Todays 11 point weaker indication for the ASX flies in the face of another nasty night on Wall St.
U.S. stocks fell sharply on Tuesday, energy shares were slammed by lower oil prices and financials dropped on diminishing prospects of a near-term rate hike.
The selloff was across all 10 major S&P 500 sectorsn and every Dow Jones industrial component except Apple.
The energy index's 2.86-percent slide led declines as oil prices tumbled as much as 3 percent after both the IEA and OPEC said the global crude glut would persist.
Three U.S. Federal Reserve officials on Monday took a dovish stance on interest rates, in contrast to more aggressive comments from other officials in the past two weeks.
"There is a heightened level of uncertainty regarding hikes, and investors aren't confident about any comments coming from Fed officials," said Andre Bakhos, managing director at Janlyn Capital, adding that the uncertainty would continue until the Fed's meeting on Sept. 20-21.
The S&P financial index fell 1.82 percent.
Futures traders cut the chances of a rate hike at the Fed's meeting on Sept. 20-21 to just 15 percent, from 21 percent, according to the CME Group's FedWatch tool. Goldman Sachs cut its view to 25 percent from 40 percent.
The Dow Jones industrial average fell 1.41 percent to end at 18,066.75 points and the S&P 500 lost 1.48 percent to 2,127.02.
The Nasdaq Composite dropped 1.09 percent to 5,155.26.
The CBOE Volatility index, known as Wall Street's "fear gauge," jumped 17 percent to 17.85. 1

Oil prices fell as much as 3 percent on Tuesday after both the world's energy watchdog and OPEC revised forecasts that signaled the global crude glut could persist for much longer than expected.
The International Energy Agency (IEA), which advises oil-consuming countries on their energy policies, said a sharp slowdown in oil demand growth, coupled with ballooning inventories and rising supply, means the market will be oversupplied at least through the first half of 2017. 1
Oil: $44.97 ,- $1.32

Nickel: -2.2%
Zinc: - 1.2%

Gold: $1319 -.68%
HUI: - 4.5%
AUD Gold: $ 1776 + .26%

AUD: .7466 - 1.35%

Have a good day

Sources: 1 Reuters