Thanks Poly, Good Morning all, and happy Winter Solstice! US -...

Thanks Poly, Good Morning all, and happy Winter Solstice!

US - Market Reflections - Tuesday 21st June, 2011

The National Association of Realtors went out of their way to boost the housing outlook, down playing declines in May and instead breaking their own embargo on next week's pending home sales report which they promise will be very strong. The Dow, also boosted by building expectations for a temporary fix to the Greek situation, rose strongly for a second day, up nearly one percent to 12,189. Rates and commodities were little changed to firm while the dollar is softening as the euro gains.

Market Focus in the US this evening

Will the economic discussion sound upbeat or downbeat at today's FOMC?

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The DJIA Index finished the trading session: Up 109.63 points; and
The the SPI Futures are currently trading: Up 34 points.
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On the 'Economic news' front, please note the following:-

Of note in the US this evening:

FOMC Meeting Announcement

EIA Petroleum Status Report


Of note in Australia today:

Westpac Leading Index (MoM) (Apr)


Of note elsewhere today/this evening:

United Kingdom - Bank of England Minutes

Switzerland - ZEW Survey - Expectations (Jun)

European Monetary Union

European Monetary Union - Industrial New Orders (YoY) (Apr)

European Monetary Union - Consumer Confidence (Jun)


- denotes: Market Moving Indicator
- denotes: Merits Extra Attention

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Gold is currently sitting trading Down $0.70 atm and is sitting at US$1,546.50oz atm;
Oil (Nymex Crude) is currently trading Down $0.34 atm and is sitting at US$93.83/bbl atm
The Dollar: The AUD is currently trading @ $1.0598c against the US Dollar

Sources used above: bloomberg.com; nasdaq.com; dailyfx.com; fxstreet.com; & kitco.com
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Have a great day.

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