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.
