daytrades may 27 morning ...

Good morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"Stocks erased gains by the close Wednesday, with the Dow ending below 10,000 for the first time in three months, as worries about global growth and a slide in the euro overshadowed upbeat economic news. A global market rally and a strong housing market report gave stocks a boost in the morning, but trading was choppy through the rest of the session as the euro weakened. Stocks slipped in the last hour of trading." [Source: cnnmoney.com]

The DJIA Index finished the session: Down 69.30 pts; and
The SPI Futures are currently: Down 6 pts atm.

Of Note in Australia Today:

Conference Board Australia Leading Index (Mar) (Moderate volatility expected)
[The Conference Board Australia leading Index released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It forecasts short to mid-term growth in the Australian economy. Generally, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]; and

Private Capital Expenditure (Q1)
[The Private Capital Expenditure released by the Australian Bureau of Statistics measures current and future capital expenditure intentions of the private sector. It is considered as an indicator for inflationary pressures. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]

Of Note in the US tonight:

GDP [Market moving indicator];

Jobless Claims [Merits extra attention];

EIA Petroleum Status Report [Merits extra attention]

Real Personal Consumption Expenditures (QoQ) (Q1) [Moderate volatility expected];

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Up $.020 atm and is currently sitting at $1,210.80/oz (Kitco);
Oil Futures: Oil is Down $.72 at $70.79/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8242 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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