Day Trading 22 Mar Pre Market

Morning all
Thanks AM crew

The ASX is set to for a modest push this morning following a subdued session int he US
SPI futures are 11 points firmer

U.S. stocks closed slightly higher in low volume trade Monday, steadying after five straight weeks of gains, with telecommunications and health care stocks leading.
"I think investors get the sense, even with disappointing news, the general trend is up," said Bruce McCain, chief investment strategist at Key Private Bank. 1
The S&P 500 has staged one of the biggest Cinderella stories in history, rebounding 12 per cent from a February 11 low amid rallying crude prices and optimism that monetary policy will continue to support global growth. 2
Federal Reserve Bank of Atlanta president Dennis Lockhart said the US economy is strong enough to weather another rate increase as early as next month.

S&P +.1%
Nasdaq +.23%

Brent crude +0.5%, $US41.41

Iron ore +2.3%, $US58.82


Gold prices on Monday saw more profit-taking pressure and backing and filling on the daily chart, following recent gains that pushed prices to an 13-month high less than two weeks ago. Improved investor risk appetite in the world marketplace recently is also a negative for safe-haven gold. April Comex gold was last down $9.00 at
$1,2453 an ounce. 3
AUD Gold $1640

AUD .7581

On Today
ABS Q4 house prices,
RBA Glenn Stevens speaks at 4.30pm
Overseas data: UK Feb CPI; US Jan house prices,

Have a good day

1 CNBC
2 SMH
3 *****