Good Morning Traders (thanks for handover highlandlad),DOW...

Good Morning Traders (thanks for handover highlandlad),

DOW Snapshot from previous trading session

"U.S. stocks posted their second consecutive day of gains Wednesday, turning the market around after a week's worth of losses. Those gains built on Wall Street's strong advance the day before. But with no major economic releases on tap Wednesday, the market was having trouble finding direction as stocks jumped around throughout the day. Target seemed to lift the retail sector when the company offered a profit outlook for the current quarter that was in line with analysts' estimates, even though its latest earnings were lackluster. Otherwise, a sheer lack of other economic reports seemed to buoy markets, said Bruce McCain, senior vice president and chief investment strategist of Key Private Bank. "This is just the eye of the storm where there's not a lot of economic information that's roiling the markets," he said. "An absence of anything terribly bad has buoyed expectations."" [Source: cnnmoney.com]

The DJIA Index finished the trading session: Up 9.69 pts; and
The SPI Futures are currently: Down 9 pts atm.

Of Note in the US this evening:

Jobless Claims [Merits extra attention]

EIA Natural Gas Report [Merits extra attention]

... AND ...

Of note in Australia today:

Average Weekly Wages (QoQ) (YoY) (May)
[The Average Weekly Wages released by the Australian Bureau of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. The Reserve Bank of Australia pays close attention to it when setting interest rates. A high reading is positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]

[Sources used: nasdaq.com & fxstreet.com]

Gold is trading Up $0.40 atm and is currently sitting at $1,229.70/oz [Source: Kitco];
Oil is currently trading Down $0.12 atm and is currently at $75.30/barrel [Source: Bloomberg]; and
The Dollar: The AUD/USD is currently trading at 0.8967 cents [Source: Forex. Live].

Have a great day trading today all!

Cheers, Tweets (:

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