daytrades may 4 morning ...

Good morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"Stocks rallied Monday, bouncing back after a big selloff last week as investors welcomed news that European leaders agreed to provide Greece with $146 billion in aid over the next three years. A number of better-than-expected economic reports and some positive monthly sales numbers from the nation's automakers added to the gains." [Source: cnnmoney.com]

The DJIA Index finished the session: Up 143.22 pts; and
The SPI Futures are currently: Up 20 pts atm.

Of Note in Australia Today:

RBA Interest Rate Decision (High volatility expected)
[RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.];

AiG Performance of Services Index (Apr)
[AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).];

Of Note in the US tonight:

Pending Home Sales Index (Market moving indicator)

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Up $0.70 atm and is currently sitting at $1,183.00/oz (Kitco);
Oil Futures: Oil is Down $0.16 at $86.03/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.9266 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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