Dooleys Pre Market 30 May

  1. 11,976 Posts.
    lightbulb Created with Sketch. 274
    Morning all
    sorry too disappointed and ill from Daniel getting ripped off at Monaco to post so paste job today

    SPI futures 5433 +23
    AUD fetching 71.28 US cents, 79.27 Japanese yen, 64.58 Euro cents and 49.14 British pence
    On Wall St, Dow Jones +0.25%, S&P 500 +0.43%, Nasdaq +0.65%.
    In Europe, Stoxx 50 +0.2%, FTSE +0.2%,
    Spot gold -0.9% at $US1,208.90 an ounce at 5am on Monday in Sydney.
    Brent crude -0.5% at $US49.32 a barrel at 5am on Monday in Sydney.
    Iron ore added 3.4% to $US51.15 per tonne
    This week's agenda
    Local: The main market interest will be in the quarterly data in the lead up to Wednesday's GDP, followed Thursday's by retail sales report.
    China: The largest focus will be Wednesday's official PMIs and Caixin manufacturing PMI, followed Friday by the Caixin services/compositePMIs
    US: After Monday's Memorial Day holiday, main interest will be in Tuesday's personal income, spending and PCE deflators report, the ISM Manufacturing on Wednesday and the big one, non-farm payrolls, rounding out the week with the ISM non-manufacturing also on Friday.
    Currencies
    The US dollar index hit a two-month high and US bond prices have fallen after Federal Reserve Chair Janet Yellen said a US interest rate hike will likely be appropriate in the coming months.

    Commodities
    Oil prices dipped for a second day in a row, with investors taking profits after a surge to seven-month highs above $50 a barrel this week.

    Gold slid to an eight-week low amid the US rate hike speculation. Spot gold was down 0.3 per cent at $1,215.39 an ounce.
    United States
    Last week, US stocks capped off their strongest week since March after US Federal Reserve Chair Janet Yellen said an interest-rate hike would likely be appropriate "in the coming months."
    On Saturday, the Dow Jones index climbed 0.25 per cent to 17,873.22 points, the S&P 500 gained 0.43 per cent to 2,099.06, and the Nasdaq added 0.65 per cent to 4,933.51.

    Sydney Morning Herald
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.