Good Morning Traders (thanks for the handover in highlandlad's...

Good Morning Traders (thanks for the handover in highlandlad's absence this week pj),

DOW Snapshot from previous trading session

"U.S. stocks fell Tuesday as renewed worries about European banks weighed on financial stocks and investors flocked to such safe-haven assets such as the dollar, Treasurys and gold. During last week's stock rally, the Dow turned positive for the year. But Tuesday's losses quickly turned the index back into the red. On Friday, the major indexes gained more than 1%, after a government report showed fewer jobs were lost in July than economists had expected. U.S. markets were closed Monday for Labor Day. "We're in September, which is traditionally a softer month for stocks, and so far we've escaped that," said Peter Cardillo, chief market economist for Avalon Partners. "But lingering worries won't diminish until we get more indicators that show the decline in economic activity is leveling off and beginning to turn around again."" [Source: cnnmoney.com]

The DJIA Index finished the trading session Down 107.24 pts; and
The SPI Futures are currently: Down 27 pts atm.

Of Note in the US this evening:

Bank of Canada Announcement [Market moving indicator]


... AND ...


Of note in Australia today:

Home Loans (Jul)
[The Home Loans released by the Australian Bureau of Statistics presents the number of home loans. It indicates the housing market trend in Australia and a level of consumer confidence as large housing loans are taken out. A high reading is seen positive (or bullish) for the AUD, while a low reading is seen negative (or bearish).]Sources Used: nasdaq.com; bloomberg.com & fxstreet.com]

Gold is trading Up $0.70 atm & is sitting @ $1,255.90/oz [Source: Kitco];
Oil is currently trading Down $0.29 & is @ $73.80/barrel atm [Source: Bloomberg]; and
The Dollar: The AUD/USD is currently trading @ 0.9120 cents [Source: Forex. Live]

Have a great day trading today all!

Cheers, Tweets (:

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