Morning all (thanks for the handover highlandlad),
Dow Snapshot
"U.S. stocks finished mostly higher Monday as worries about the fallout from Goldman Sachs cooled and investors geared up for the release of IBM's quarterly report." [Source: cnnmoney.com]
The DJIA Index finished Friday's session: Down 73.39 pts; and The SPI Futures are currently: Up 33 pts atm.
Of Note in Australia Today:
RBA Meeting's Minutes (High volatility expected) [The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.]; and
Of Note in the US tonight:
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner will testify before the House Financial Services Committee on the bankruptcy of Lehman Brothers.
Gold Futures: Gold is Down $1.10 atm and is currently sitting at $1,134.10/oz (Kitco); Oil Futures: Oil is Up $0.83 at $82.28/barrel (NYMEX/Bloomberg); and The Dollar: The AUD/USD is currently trading at 0.9249 cents (Forex. Live).
