Good morning Traders (thanks Highlandlad),DOW Snapshot from...

Good morning Traders (thanks Highlandlad),

DOW Snapshot from previous trading session

"Stocks surged in the last half hour of trading to close higher Wednesday, tracking the U.S. dollar's strength after Japan moved to rein in the surging yen. Energy and technology shares had been lower earlier in the session, dragging down the broader indexes, but they turned mixed in the last hour of trade. Housing shares remained mostly lower. Foreign exchange rates were in the spotlight after the Japanese government's first jump into the currency market since 2004. The yen rose to a fresh 15-year high against the dollar Tuesday, prompting recently re-elected Japanese Prime Minister Naoto Kan to announce the nation will sell yen and buy dollars. The move boosted the dollar Wednesday.

Stock trading has been choppy over the past few sessions as investors searched for a catalyst to spur buying. All three indexes opened modestly lower Wednesday, but analysts expected more volatility with little on the docket to push stocks one way or another. "Today's reports underwhelmed, but they weren't far off the mark," said Mark Luschini, chief investment strategist at Janney Montgomery Scott. "There's no big data pushing a major move either higher or lower." " [Source: cnnmoney.com]

The DJIA Index finished the trading session Up 46.24 pts; and
The SPI Futures are currently: Up 10 pts atm.

Of Note in the US this evening:

Producer Price Index [Market moving indicator]

Jobless Claims [Merits extra attention]

Treasury International Capital [Merits extra attention]

EIA Natural Gas Report [Merits extra attention]

Net Long-term TIC Flows (Jul) [Moderate volatility expected]

Philadelphia Fed Manufacturing Survey (Sep) [Moderate volatility expected]


... AND ...


Of note in Australia today:

Consumer Inflation Expectation (Sep) [Moderate volatility expected]
[The Consumer Inflation Expectation released by the Melbourne Institute presents the consumer expectations of future inflation during the next 12 months. The higher expectations, the stronger the effect they will have on a probability of a rate hike by the RBA. Therefore, a high reading should be taken as positive, or bullish, for the AUD, while a low expectations are seen as negative or bearish.]


Gold is currently trading Down $1.30 & is sitting at $1,266.90/oz atm [Source: Kitco];
Oil is currently trading Down $0.30 & is at $75.72/barrel [Source: Bloomberg]; and
The Dollar: The AUD/USD is currently trading @ 0.9392 cents [Source: Forex. Live]

Have a great day trading today all!

Cheers, Tweets (:

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