daytrades august 9 afternoon, page-2

1pm - 'Economic news' courtesy reminder time Traders!

'Market Focus' in the US this evening

"Watch for Asian reaction to the soft U.S. jobs report." [Source: nasdaq.com., Mark Pender]

'Market Reflections' from previous session (06.08.2010)

"The July jobs report wasn't all bad but it was bad enough. A gain in private payrolls is probably the best news but the gain of 71,000 isn't much and isn't nearly as much as the gains in March and April. The slowdown in the recovery is raising talk of new easing measures at next week's FOMC meeting. Both the stock market and dollar fell on the jobs data with the Dow industrials losing 0.5 percent to 10,623 and the dollar index down 0.6 percent to 80.37. Most commodities fell with oil down 1.5 percent at $80.75. Demand for gold however was strong, up 0.8 percent at $1,205. Treasuries also gained with the 30-year yield down five basis points to 4.00 percent." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-

4-Week Bill Announcement; 3-Month Bill Auction; and 6-Month Bill Auction
[Treasury bills are sold at public auctions every week.]
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... AND ...
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Please note the following 'Economic news' which is due to be released in Australia tomorrow:-

National Australia Bank's Business Conditions (Jul) [ Merits extra attention]
[The NABs Business Conditions released by the National Australia Bank looks at trading, profitability and employment conditions in Australia. It serves as an indicator of overall economic situation in the short term. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]

National Australia Bank's Business Confidence (Jul) [ Merits extra attention]
[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.]

[Sources used: nasdaq.com & fxstreet.com]
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ASX Market Watch (widget snapshot)

... and the DOW futures are currently Down 22 pts atm (Live).