1pm - 'Economic news' courtesy reminder time Traders!
'Market Focus' in the US this evening
"Attention will be on Alcoa's second-quarter earnings after the close." [Source: nasdaq.com., Mark Pender]
'Market Reflections' from previous session (09.07.2010)
"The week's momentum extended to Friday with the Dow up 0.6 percent to 10,197 and the S&P up 0.7 percent to 1,077. As demand for stocks firmed, demand for Treasuries eased. The 30-year yield ended four basis points higher at 4.04 percent. Commodities firmed slightly with oil ending just above $76. Gold added $15 to end back over $1,200 at $1,215." [Source: nasdaq.com., Mark Pender] ______________________________________________________
Please note the following 'Economic news' which is due out in the US this evening:-
4-Week Bill Announcement; 3-Month Bill Auction; 6-Month Bill Auction; and 3-Yr Note Auction [Treasury bills are sold at public auctions every week; and Treasury notes are sold at regularly scheduled public auctions.]
... AND ... ______________________________________________________
Please note that the following 'Economic news' which is due to be released in Australia tomorrow:-
National Australia Bank's Business Conditions (Jun) [The NABs Business Conditions released by the National Australia Bank looks at trading, profitability and employment conditions in Australia. It serves as an indicator of overall economic situation in the short term. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]
National Australia Bank's Business Confidence (Jul) [The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.]
1pm - 'Economic news' courtesy reminder time Traders!
