daytrades april 30 morning ...

Happy Mufti Day traders (thanks for the handover highlandlad),

Dow Snapshot

"Stocks jumped Thursday, with the blue-chip Dow index ending more than 120 points higher, as investors reacted to a rise in Exxon Mobil earnings and brushed off concerns about European debt problems." [Source: cnnmoney.com]

The DJIA Index finished the session: Up 122.05 pts; and
The SPI Futures are currently: Up 39 pts atm.

Of Note in Australia Today:

Private Sector Credit (MoM) (YoY) (Mar) (Moderate volatility expected)
[The Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows. It shows if the private sector can afford large expenses, which can fuel economic growth. It is considered as an indicator of business conditions and the overall economic condition in Australia. Generally, a high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative.];

HIA New Home Sales (MoM) (Mar)
[HIA New Home Sales released by the Housing Industry Association presents the number of new home sales in Australia. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish (or positive) for the AUD, whereas a low reading is seen as bearish (or negative).]; and

Of Note in the US tonight:

GDP (Market moving indicator);

Employment Cost Index (Merits extra attention);

Consumer Sentiment (Merits extra attention);

Personal Consumption Expenditures Deflator (1Q) (Moderate volatility expected);

Real Personal Consumption Expenditures (QoQ) (1Q) (Moderate volatility expected);

Chicago Purchasing Managers' Index (Apr) (Moderate volatility expected);

Gold Futures: Gold is Up $2.20 atm and is currently sitting at $1,169.40/oz (Kitco);
Oil Futures: Oil is Up $0.42 at $85.59/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.9294 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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