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

Good morning Traders (thanks for the handover highlandlad) ... and Happy Birthday 'Endless',

Dow Snapshot

"Stocks slumped Tuesday as the euro touched a fresh four-year low versus the dollar, keeping Europe's woes front and center and overshadowing better-than-expected earnings from big U.S. retailers. The stock sell-off picked up steam in the afternoon as the euro flirted with and then fell below a four-year low hit on Monday."I think the euro issue has everyone unnerved now because they are worried it's the start of something bigger," said Tommy Williams, founder and president of Williams Financial Advisors. "But I think it's the tail-end of or aftermath of what we saw in 2008 rather than something new." [Source: cnnmoney.com]

The DJIA Index finished the session: Down 114.88 pts; and
The SPI Futures are currently: Down 52 pts atm.

Of Note in Australia Today:

Westpac Consumer Confidence (May) (Moderate volatility expected)
[The Westpac Consumer Confidence released by the Faculty of Economics and Commerce Melbourne Institute captures the level of sentiment that individuals have in economic activity reflecting respondents' evaluations of their family finances over the past and coming year, expectations about the one-year and five-year economic conditions and views about current buying conditions for major household items. Generally speaking, a high reading is seen as positive (or bullish) for the AUD, whereas a low reading is seen as negative (or bearish).]

Wage Price Index (QoQ) (YoY) (Q1)
[The Wage Price Index released by the Australian Bureau of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. The Reserve Bank of Australia pays close attention to it when setting interest rates. A high reading is positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]

Of Note in the US tonight:

Consumer Price Index (Market moving indicator);

FOMC Minutes (High volatility expected); and

EIA Petroleum Status Report (Merits extra attention)

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Up $3.10 atm and is currently sitting at $1,226.10/oz (Kitco);
Oil Futures: Oil is Down $1.06 at $68.35/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8717 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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