daytrades april 15 morning ...

Happy Mufti Day traders,

It's all about China today imo, with a suite of information coming out on their economy coming out from 12noon today including Employment, GDP, Retail Sales, Industrial Production, Inflation, outlook etc.

US Market Report:

U.S. stocks ended Thursday's session mostly flat, erasing earlier losses as commodities and energy stocks climbed higher. The gains in oil offset weakness in the banking and technology sectors. "It's a lot of wait and see at the moment," said Frank Davis, director of sales and trading with LEK Securities. [Source: cnnmoney.com]

Market Reflections - Thursday, 14th April, 2011

The latest weekly data for jobless claims show a noticeable jump but there's no word that it's due to Japanese supply issues. The claims jump raised concern about the jobs outlook and kept the Dow in check at 12,285.

Energy gave a big boost to producer prices, raising inflation talk and giving gold a $15 lift to a new record at $1,475. Oil regained another dollar to $108. [Source: bloomberg.com]

Market Focus in the US this evening

Oil and food seepage into non-core consumer prices would feed inflation talk. [Source: bloomberg.com]
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The DJIA Index finished the last trading session: Up 14.16 points; and
The SPI Futures are currently: Up 4 points atm.
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Of note in the US this evening:

Consumer Price Index [ Market moving indicator]

Industrial Production [ Market moving indicator]

Empire State Mfg Survey [ Merits extra attention]

Treasury International Capital [ Merits extra attention]

Consumer Sentiment [ Merits extra attention]

Charles Evans speaks
[Chicago Federal Reserve Bank President - Speech to the Levy Institute at Bard College in New York.]

Thomas Hoenig speaks
[Kansas City Federal Reserve Bank President - Speech at Purdue University in West Lafayette, Indiana.]

...AND...

Of note in Australia today:

Please note there is no noteworth 'Economic news' due to be reported in Australia today.

...AND...

Of note elsewhere:

China - Gross Domestic Product (YoY) (Q1) [ Market moving indicator]

China - Producer Price Index (YoY) (Mar) [ Merits extra attention]

China - Retail Sales (YoY) (Mar) [ Merits extra attention]

China - Urban investment (YTD) (YoY) (Mar) [ Merits extra attention]

China - Consumer Price Index (YoY) (Mar) [ Merits extra attention]

China - Industrial Production (YoY) (Mar) [ Merits extra attention]

European Monetary Union - Trade Balance (Feb) [ Merits extra attention]

Japan - Industrial Production (MoM) (YoY) (Feb) [ Merits extra attention]

All - G20 Meeting [ Merits extra attention]

[Sources used: bloomberg.com; dailyfx.com; fxstreet.com; nasdaq.com]
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Gold is currently trading Up $1.10 & is sitting at US$1,476.90/oz atm [Source: Kitco]
Oil is currently trading Up $0.52 & is sitting at US$108.63/bbl atm [Source: Bloomberg]
The Dollar: The AUD is currently trading @ $1.0533c against the US Dollar [Source: Forex. Live]
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Have a great day trading today all.

Cheers, Tweets

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