Good morning Traders (thanks for the handover highlandlad),Dow...

Good morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"U.S. stocks erased losses and finished higher Monday after the euro rebounded from a four-year low and gained ground against the dollar, despite lingering worries about Europe's financial crisis." [Source: cnnmoney.com]

The DJIA Index finished the session: Up 5.67 pts; and
The SPI Futures are currently: Up 29 pts atm.

Of Note in Australia Today:

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 tonight:

Housing Starts (Market moving indiicator); and

Producer Price Index (Market moving indicator)

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Up $1.80 atm and is currently sitting at $1,225.90/oz (Kitco);
Oil Futures: Oil is Up $0.52 at $70.60/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8765 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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