Morning all (thanks for the handover highlandlad),
Dow Snapshot
"The Dow managed to eke out a fresh 19-month high Monday on Caterpillar's strong earnings, but a selloff in financials hit the broader market at the start of a busy week on Wall Street." [Source: cnnmoney.com]
The DJIA Index finished Friday's session: Up 0.75 pts; and The SPI Futures are currently: Down 10 pts atm.
Of Note in Australia Today:
National Australia Bank's Business Confidence (1Q) [The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.];
Producer Price Index (QoQ) (YoY) (1Q) [The Producer Price Index released by the Australian Bureau of Statistics measures the average changes in prices in the Australian markets by producers of commodities. Changes in the PPI are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the AUD, whereas a low reading is seen as negative (or bearish).]; and
Of Note in the US tonight:
S&P Case-Shiller HPI (Merits extra attention);
Consumer Confidence (Merits extra attention);
Gold Futures: Gold is Up $2.50 atm and is currently sitting at $1,155.50/oz (Kitco); Oil Futures: Oil is Down $0.17 at $84.03/barrel (NYMEX/Bloomberg); and The Dollar: The AUD/USD is currently trading at 0.9281 cents (Forex. Live).
