Day Trading 29 Dec Pre Market

Morning All & Seasons Greetings

A short trading week is set to start weaker as weak oil and commodity prices continue to drag on world markets.
The SFE is yet to start trading.

Wall Street fell on Monday, hurt by a steep drop oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015.
The S&P 500 energy sector .SPNY lost 1.7 percent, easily the worst performer as a 3 percent drop in oil prices led investors to sell unload shares of Exxon Mobil (XOM.N), down 0.7 percent, and Chevron (CVX.N), which fell 1.68 percent. [O/R]
"It's mostly on crude. That's more the issue than anything else," said Paul Nolte, senior vice president and portfolio manager at Kingsview Asset Management in Chicago.
U.S. stock indexes have closely tracked crude prices in the past several weeks.
Last week, the three major indexes logged their strongest week since mid-November thanks to a short-lived surge in energy stocks. But with Monday's losses, the S&P 500 was down marginally for 2015.
"It's been a real wrestling match this year and some people are okay with the market ending where it is or down a little to give 2016 a little more of a better look," said Frank Davis, director of sales and trading at LEK Securities in New York.
S&P 500 - .3%

The Australian dollar is trading at US72.54¢ down a little from US72.56¢ at Thursday's close.

Benchmark crude oil is down $US1.29 at $US36.81 per barrel.

The spot price of gold is $US1,067.87, down from Thursday's close of $US1,073.10.
HUI -4.5%
AUD Gold $1472

Iron ore is trading up 0.7 per cent at $US41.30 a ton

Copper -.85%

Have a good day