Day Trading 6 Apr Pre Market

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    Morning all
    Thanks AM crew

    Futures are 49 points lower this morning in a disconnect from the US, whose markets were flat ahead of tonights' jobs number.

    Early gains were given up into the session as consumer discretionary and general wariness set the tone, with L Brands dropping 12 percent to $70.54 after posting lower-than-expected monthly comparable sales.
    Shares of Tesla fell 5 percent to $211.53 after analysts expressed doubts about the electric carmaker's ability to deliver vehicles ahead of schedule.
    Energy shares were among the day's advancers, but off their days highs, as oil prices gave up early gains. The S&P 500 energy index was up 0.7 percent.
    A Reuters survey ahead of Friday's report showed nonfarm payrolls likely rose by 202,000 last month, after rising 215,000 in March, while the unemployment rate is forecast to hold at 5 percent. 1

    Base metals were weaker, Nickel off 3.6%, copper 1.6%, zinc 1.755, aluminium 2%.
    Copper fell below its' 200 day average

    Oil $44.47 +.69c

    Gold prices ended the U.S. day session near steady levels Thursday. An early “buy-the- dip” bounce following recent profit-taking selling pressure gave way to renewed selling interest as today’s session progressed. A rebound in the U.S. dollar index has been a bearish element for the precious metals.
    Gold $1277
    HUI +3%
    AUD Gold $1712

    AUD .7462


    Have a good day

    1 Reuters
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