Da Trading 16 Dec Pre Market

Morning all
Thanks Trees and pals

SPI +8
XJO yesterday - 46 @ 5538

U.S. stocks rose on Thursday as a post-election rally resumed, while investors digested a slew of economic data and the Federal Reserve's decision to raise interest rates.
The Dow Jones industrial average traded about 70 points higher afternoon ET, having risen more than 150 points earlier, with Goldman Sachs contributing the most gains. At one point, the Dow was about 50 points away from hitting the 20,000 mark.
The S&P 500 gained 0.4 percent, with financials rising around 1 percent to lead advancers.
The Nasdaq composite also advanced 0.4 percent. 1

Oil prices reversed earlier losses on Thursday after failing to break below technical support levels and as OPEC members told customers they would cut crude supplies as part of the cartel's agreement to reduce output.
Earlier in the day, prices fell to the lowest level in a week as the dollar rallied following an increase in U.S. interest rates.
The dollar rose to a 14-year high against a basket of other currencies after the U.S. Federal Reserve raised rates for the first time in a year on Wednesday. A stronger dollar, in which oil is traded, tends to hit crude demand as it makes fuel purchases more expensive for users of other currencies.
Brent crude oil futures rose 18 cents to $54.08 a barrel down 14 cents from their last close.
West Texas Intermediate (WTI) crude oil futures settled down 14 cents at $50.90 per barrel. 2

Copper f;at
Nickel - 1%
Zinc + .3%
Aluminium - .75%

The gold market is off its lows but remains on the ropes after Wednesday’s surprise forecast that shows the Federal Reserve could potentially raise interest rates three times in 2017.
Analysts noted that gold is reacting to a surging U.S. dollar that has rallied to its highest level in 14 years and bond yields that are at their highest level since the start of the year. The strong selling pressure drove gold to a session low of $1,124.30 an ounce. Since hitting its lows, gold has moved only slightly higher; February gold last traded at $1,13.40 an ounce, down 2.86% on the day.
But, gold isn’t the only victim of U.S. dollar strength. Silver futures are also under heavy selling pressure and are the worst performer in the precious metals arena. March silver futures last traded at $15.985 an ounce, down 7.18% on the day.
Ole Hansen, head of commodity strategy at Saxo Bank, said that he will be watching the last major retracement level for gold at $1,125 in the near-tem, noting that a break of that could lead markets to retest last December’s lows. 3
HUI - 5%
AUD Gold $1536

AUD .7354

Have a good day

1 & 2 CNBC
3 *****