daytrading aug 15 pre-market

Morning Traders

European markets were able to post gains last night due to
the fact German GDP rose 0.3% compared to the first quarter.
US markets were in a similar mood also as retail sales figures come in ahead of expectations + 0.8 % as opposed to a consensus view of + 0.3. The rally was soon erased as technology and financials weighed on the market. Again light volume was evident though up on yesterday which was the lowest for some time.

DOW + 2.71 points
S&P -0.18 points
NASDAQ -5.54 points

FTSE + 32.9
DAX + 64.7

WTI oil + 0.70 %
GOLD -$10.5 $1602
Copper Flat

Local market

Our market looks to be taking its lead from wall st and have a flat opening with the SPI in single digits +4.

Good luck