Day Trading 30 Aug Pre Market

Morning all
Thanks Trees and crew
SPI: +18 @ 5469
XJO Yesterday: -46 @ 5469

US markets booked some decent gains overnight as financial and materials stocks edged higher while investors continued to digest the Fed news from Jackson Hole.
"I think the market is reassessing the Fed, said Quincy Krosby, market strategist at Prudential Financial. "The market sold off on Friday on the back of the idea that Stanley Fischer trumped Janet Yellen, ... but when you look at Fed funds futures, the market is still expecting one rate hike, perhaps in December."
Sentiment for a September rate hike eased to 24% from 30% Friday.
Overall markets now await this Fridays Jobs figures for new direction, barring any left field events.
FTSE: + .3%
DAX: - .4%
S&P: + .5%
Nasdaq: + .25%


Oil prices settled down more than 1 percent on Monday, snapping two consecutive days of gains, on renewed concerns about an oil glut, a stronger dollar and expectations that Nigerian rebels will stop hampering that country's crude output.
Hopes for an agreement to limit output at a meeting in Algeria in late Sept have driven oil prices of late.
While few believe OPEC will cut output, some analysts are betting it will try to stem a selloff with more talk of a production freeze.

Oil: $$46.95, - 69c

Iron Ore: %57.90 - .75%


Gold futures recovered from overnight weakness Monday, largely moving inversely to the U.S. dollar as markets continue to digest comments from Federal Reserve officials at their weekend symposium in Jackson Hole and while waiting for a key report on the U.S. labor market at the end of the week.
Gold: $1323
HUI: + .8%
AUD Gold: $1747



AUD: .7571
On Today:



Have a good day