Day Trading 26 Aug Pre Market

Morning all
Thanks AM crew

SPI: +6 @ 5519
XJO Yesterday: -20 @ 5542

Wall St was mildly weaker waiting for Auntie Jan to get it off her chest tonight at Jackson hole.
Healthcare and consumer stocks were approx 1% lower.
The market has "been in wait-and-see" mode, Prudential's Krosby said.
Investors also analyzed strong economic data released Thursday. Initial jobless claims fell for a third straight week to to 261,000. Durable goods orders for July rose 4.4 percent, above expectations.
Tiffany shares rose more than 6 percent to lead the S&P after posting quarterly earnings that easily beat expectations.
"US durable goods data was really smashing and it has made a lot of difference with respect to what Yellen will say tomorrow," Naeem Aslam, chief market analyst at Think Markets, said in a note to clients. "The data has made Yellen a lot more confident especially if she wants to occupy the the hawkish tone." 1
FTSE: - .3%
DAX: - .9%
S&P: - .1%
Nasdaq: - .1%

Oil prices rose 1 percent on Thursday on U.S.-Iran military tensions in the Gulf and speculation the dollar will fall on a monetary policy speech due from the U.S. Federal Reserve chair.
Oil prices rose on expectations that Friday's Fed policy speech in Jackson Hole, Wyoming by central bank Chair Janet Yellen would hint at further delays in U.S. rate hikes.
The dollar weakened slightly on Thursday and could fall further on Friday, traders said, boosting prices of oil and other commodities denominated in the currency.
Brent crude futures LCOc1 settled up 62 cents, or 1.3 percent, at $49.67 a barrel.
U.S. crude's West Texas Intermediate (WTI) futures CLc1 rose 56 cents, or 1.2 percent, to settle at $47.33. 2

Iron Ore: Flat @ $61.20
Copper: flat
Nickel: flat
Zinc: + .84%
Aluminium: flat

Gold prices ended the U.S. day session lower again and hit another four-week low Thursday.  Technical selling was featured, including more sell stops being triggered when near-term support levels were breached. There was also some nervous long liquidation, ahead of an important Fed meeting that began today.
Gold: $1321
HUI: + .9%
AUD Gold: #1735

AUD: .7618

On Today:


Have a good day

Sources:
1 CNBC
2 Reuters
3 *****