daytrades june 7 morning ...

Good morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"U.S. stocks looked to tumble Friday after the government's monthly jobs report fell short of expectations. Worries about the global economy have pushed the Dow Jones industrial average to a nearly four-month low -- and there's little in the week ahead to stop it from creeping even lower. Only a handful of economic reports are due early in the week, with the bulk of the news coming Thursday and Friday. On those two days, expect reports on jobs, the trade gap, consumer confidence and retail sales. Federal Reserve Chairman Ben Bernanke also speaks several times during the week, including testifying in Washington at a hearing on the economy." [Source: cnnmoney.com]

The DJIA Index last traded: Up 323.31 pts; and
The SPI Futures are currently: Down 114 pts atm.

Of Note in Australia Today:

ANZ Job Advertisements (May)
[The ANZ job advertisements released by the Australia and New Zealand Banking Group Limited (ANZ) presents the number of job advertisements in the major metropolitan newspapers and on the internet sites. It is used for forecasting employment growth in Australia as it indicates future labor market conditions.A high reading is seen as bullish (or postive) for the AUD, whereas a low reading is seen as bearish. (or negative)] - and

Of Note in the US this evening:

There is no noteworthy 'Economic news' due to be released in the US this evening.

Gold Futures: Gold is Down $2.60 atm and trading at $1,217.40/oz (Kitco);
Oil Futures: Oil is Down $1.13 at $70.38/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8171 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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