Morning all Thanks AM crew SPI: -19 @ 5214 XJO Yesterday: +20 @...

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    Morning all
    Thanks AM crew

    SPI: -19 @ 5214
    XJO Yesterday: +20 @ 5227

    Doubts persist in traders over future  interest rates at the moment, and Wall St fell away to a mixed close on lower oil prices despite Apple shares hitting a yearly high.
    Speculation about the timing of the Federal Reserve's next interest rate hike has shaken major stock indexes following contrasting comments from Fed officials.
    The S&P 500 remains down almost 3 percent from before a steep selloff on Friday, even though interest rate futures indicate expectations for a rate hike at the Fed's Sept. 20-21 meeting are still low.
    "What you're seeing is a little preview for what will happen when the Fed does raise rates," said Chris Zaccarelli, chief investment officer at Cornerstone Financial Partners. "People are starting to make changes to their portfolios."
    Apple jumped 3.6 percent and briefly touched a 2016 high, with its market capitalisation topping $600 billion for the first time since April. 1
    Dow: - .18%
    S&P: Flat
    Nasdaq: - .35%

    Oil prices fell about 3 percent for a second straight day on Wednesday, after data showing large weekly builds in U.S. petroleum products offset a surprise draw in crude stockpiles.
    U.S. inventories of distillates, which include diesel and heating oil, rose by 4.6 million barrels in the week to Sept 9. Analysts had expected an increase of 1.5 million barrels. It was the biggest weekly build since January.
    "A build to gasoline stocks amid lower runs and lower product supplies counters the bullish theme, as does a strong build to distillates," said Matthew Smith, analyst at New York-based crude cargo tracker Clipperdata. 1
    Brent crude futures settled down 2.7 percen at $45.85 per barrel.
    U.S. WTI  futures slid 2.9 percent to settle at $43.58.

    Copper:  Base Metals pretty flat
    Nickel:
    Zinc:
    Aluminium:

    Gold prices ended the U.S. day session firmer in quieter trading Wednesday. More mild short-covering and bargain-hunting was featured following recent declines.
    Gold: $1322
    HUI: + .25%
    AUD Gold: $1770

    2a-aud-us-6m-Large.gif

    AUD: .7470


    Have a good day

    Sources:
    1 Reuters
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