DayTrading Oct 21 Pre-Market

Morning everyone

SPI futures up 11 pts at 5317

U.S. stocks rallied for a third day as optimism over corporate earnings spurred a rebound from last week’s sell off.

The S&P 500 Index rose 0.9 percent to 1,904.02. The index has fallen for the past four weeks and is down 5.3 percent since Sept. 18. The DJIA added 19.26 points, or 0.1 percent, to 16,399.67. The Nasdaq Composite Index added
1.4 percent

In Europe

Euro Stoxx 50 -1.2%
FTSE -0.7%
CAC -1%,
DAX -1.5%

Commodities

Spot gold up 0.6% to $US1246.11 an ounce
Iron ore adds 1% to $US81.60 per metric tonne
Brent oil down 0.9% to $US85.43 per barrel
AUD at 88.00 US cents

News Today

Australia Reserve Bank board minutes, speech by RBA deputy governor Phillip Lowe
ANZ-Roy Morgan weekly consumer confidence survey
Australian Bureau of Statistics (ABS) International merchandise imports for September
China monthly spending, production and investment data, GDP
US existing home sales

Have a good day guys