re: daytrades september 06 afternoon, page-2

re: daytrades september 06 afternoon Thanks exit!

1pm - 'Economic news' courtesy reminder time Traders!

'Market Focus' in the US this evening

Please note that is is a US Holiday (Labor Day) today, and accordingly all US Markets are closed.

'Market Reflections' from previous session (03.09.2010)

"An employment report that shows a gain in private payrolls and upward revisions to prior months raised hope that the economy may once again pick up steam, well at least a little steam. The ISM non-manufacturing report is losing steam, showing some of its slowest readings of the recovery. The gain in private payrolls, at 67,000 to extend a string of roughly similar gains, was enough to push the S&P up more than one percent to 1,104. Investments funds fled Treasuries for a third day, sending the 30-year yield eight basis points higher to 3.79 percent. Funds also sold the dollar where the dollar index fell 0.5 percent to 82.05. The gain in stocks and the fall in the dollar weren't enough to help commodities add to prior gains. Oil fell nearly one percent to $74.50. Gold ended little changed at $1,248." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-

Please note there is no 'Economic news' due to be reported in the US this evening;

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... AND ...
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Of note in Australia tomorrow:-

RBA Interest Rate Decision (Sep 7) [ Market moving indicator]
[RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.]

RBA Monetary Policy Statement [ Merits extra attention]
[The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).]

[Sources used: nasdaq.com & fxstreet.com]
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ASX Market Watch (widget snapshot)

... and the DOW futures are currently Up 10 pts atm (Live)!