Thanks highlandlad! 1pm - 'Economic news' courtesy reminder time...

Thanks highlandlad!

1pm - 'Economic news' courtesy reminder time Traders!

'Market Focus' in the US this evening

"Consumer sentiment can't get much weaker, especially given recent job gains." [Source: nasdaq.com., Mark Pender]

'Market Reflections' from the last trading session (11.11.2010)

"Warnings of weakness in Europe and weak demand from public sector customers sent Cisco down more than 15 percent and took the Nasdaq down one percent. Cisco's plunge is a reminder that the market has already discounted a lot of good news over its six-week 13-percent rally for the Dow. The Dow fell 0.7 percent to 11,283. As the euro weakens on rising sovereign trouble, the dollar is rallying, up 0.7 percent on the dollar index to 78.15. Gold ended near at $1,410 with oil under $88." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-

Reuters/Michigan Consumer Sentiment Index (Nov) [ High volatility expected]
[The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).]

Money Supply
[The monetary aggregates are alternative measures of the money supply by degree of liquidity. Changes in the monetary aggregates indicate the thrust of monetary policy as well as the outlook for economic activity and inflationary pressures.]

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... AND ...
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Of note in Australia tomorrow:-

Please note there is no noteworthy 'Economic news' due to be released in Australia on Monday of next week.

[Sources used: nasdaq.com; bloomberg.com & fxstreet.com]
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ASX Market Watch (widget snapshot)



Gold Spot Price atm (Kitco)

... and the DOW futures are currently Down 22 pts atm (Live)!