daytrades may 5 morning ...

Good morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"World stock markets tumbled on Tuesday as investors worried that the recently announced bailout package for Greece wouldn't be enough to stop a debt crisis from spreading to other nations. Stocks in North America, South America, Asia and Europe were all down as investors fled to safer assets such as gold, treasurys and the U.S. dollar. "There's a realization in the market that even if we get this bailout for Greece, there are still more issues that we have to address, like whether we're going to have to bail out countries like Spain and Portugal next," said Ralph Aldis, a portfolio manager at U.S. Global Investors." [Source: cnnmoney.com]

The DJIA Index finished the session: Up 225.06 pts; and
The SPI Futures are currently: Up 102 pts atm.

Of Note in Australia Today:

Building Permits (MoM) (YoY) (Mar) (Moderate volatility expected)
[The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some volatility to the AUD. The more growing number of permits, the more positive (or bullish) for the AUD.];

Of Note in the US tonight:

ISM Non-Manufacturing (Apr) (High volatility expected);

ADP Employment Report (Merits extra attention);

EIA Petroleum Status Report (Merits extra attention);

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Down $1.00 atm and is currently sitting at $1,171.10/oz (Kitco);
Oil Futures: Oil is Down $0.79 at $81.95/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.9108 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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