Good morning Traders (thanks for the handover highlandlad),
Well it looks as though it was 'Groundhog Day' again on Wall Street who gave up earlier gains again to finish the session slightly lower. This was attributable to a stronger economy & a slower pace of job cuts which failed to reassure investors. Also, Greece made an announcement regarding steps it will take to cut its debt. [Source: cnnmoney.com]
The DJIA Index finished the session: Down 9.22 pts; and
The SPI Futures are currently: Up 8 pts.
Of Note in Australia Today: The January Trade Balance is released; and
Of Note in the US Tonight: - Jobless Claims, Productivity & Costs, Pending Home Sales & the EIA Natural Gas Report are all due out. [Source Bloomberg]
Gold is Up $5.10 atm and is currently sitting at $1,139.60/oz (Kitco); Oil is Up $1.19 to $80.87/barrel (NYMEX/Bloomberg); and the AUD/USD is currently trading at 0.9053 cents (Forex. Live).
Have a great day trading today all!
Cheers, Tweets (:
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