Morning all Thanks Trees et al The local market looks set to...

Morning all
Thanks Trees et al

The local market looks set to open 10 points firmer this morning, the Index at 5233
The AUD firmed 1/2 cent to .7657

The S&P was .6%, Nasdaq .8% higher.
Financial stocks and a weaker greenback led the US markets higher, the weak dollar underpinning earnings strength from multinationals.
Apple continued to yellow, now down 11% for the year.

Gold prices scored a 15-month high of $1,306.00 in June Nymex futures in morning U.S. trading Monday, before backing off the daily high as the session progressed, on some mild profit-taking pressure. A depreciating U.S. dollar on the world foreign exchange markets is a major bullish element working in the precious metals bulls’ favour.
Gold $1290
HUI -2%
AUD Gold $1684

Oil $44.89 down 3%

Base metals flat

On Today
Budget Day
ANZ results, RBA rate decision, Building approvals

Overseas - China manufacturing PMI April; UK manufacturing PMI April; US auto sales April;
Earnings: Pfizer, Halliburton, Estee Lauder, HSBC Holdings, UBS Group, BNP Paribas, , BMW, Commerzbank,



Have a good day