daytrades june 11 morning ...

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

Firstly, highlandlad - no probs for me to kick the Afternoon thread off for you. Enjoy the early start, and I hope you have a fantastic long weekend! (:

Dow Snapshot

"A stock rally gained momentum Thursday, with the major indexes hitting highs for the day in the last minutes of trade, as concerns over Europe's debt crisis and its impact on the global recovery were calmed by a sharp boost in Chinese exports and a strengthening euro." [Source: cnnmoney.com]

The DJIA Index last traded: Up 273.28 pts; and
The SPI Futures are currently: Up 68 pts atm.

Of Note in Australia Today:

There is no 'Economic news' that is due to be released in Australia today., however (after the long weekend) on Tuesday of next week we have the:-

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.]

Of Note in the US this evening:

Retail Sales [Market moving indicator]

Consumer Sentiment [Merits extra attention]

Gold Futures: Gold is Up $1.20 atm and trading at $1,218.90/oz (Kitco);
Oil Futures: Oil is Up $0.06 at $75.54/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8498 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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