Good morning Traders (thanks for the handover highlandlad),
Dow Snapshot
"Stocks seesawed Tuesday, losing steam late in a volatile session, as investors welcomed Europe's $1 trillion aid package, but showed caution amid the recent market turmoil. The Dow Jones industrial average (INDU) lost 35 points, or 0.3%, after having been down nearly 100 points and then up 89 points earlier in the session. The S&P 500 index (SPX) lost 4 points, or 0.3% and the Nasdaq composite (COMP) was little changed.Stocks lost steam in the last hour of trade as investors, cautious after Monday's huge rally, continued to digest the European aid package." [Source: cnnmoney.com]
The DJIA Index finished the session: Down 36.88 pts; and
The SPI Futures are currently: Up 20 pts atm.
Of Note in Australia Today:- Home Loans (Mar)
[The Home Loans released by the Australian Bureau of Statistics presents the number of home loans. It indicates the housing market trend in Australia and a level of consumer confidence as large housing loans are taken out. A high reading is seen positive (or bullish) for the AUD, while a low reading is seen negative (or bearish).]- Investment Lending (Mar)
[The Investment lending released by the Australian Bureau of Statistics measures number of lendings to business enterprises including individual ones. A high reading anticipates growth in the Australian economy, and that is said to be positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]
Of Note in the US tonight:- International Trade (Market moving indicator);
- EIA Petroleum Status Report (Merits extra attention); and
- Treasury Budget (Merits extra attention)
[Sources: Bloomberg & fxstreet.com]
Gold Futures: Gold is Down $0.80 atm and is currently sitting at $1,230.60/oz (Kitco);
Oil Futures: Oil is Down $0.45 at $75.92/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8955 cents (Forex. Live).
Have a great day trading today all!
Cheers, Tweets (:
Please click here to go to the 'Pre-Market thread'
- Forums
- ASX - Day Trading
- daytrades may 12 morning ...
Good morning Traders (thanks for the handover highlandlad),Dow...
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online