re: daytrades september 10 afternoon Thanks exit, and good job opening up the 'Afternoon threads' in Highlandlad's absence this week!1pm - 'Economic news' courtesy reminder time Traders!
'Market Focus' in the US this evening
"Another rise in inventories combined with another fall in sales could make the health of the wholesale sector Friday's focus." [Source: nasdaq.com., Mark Pender]
'Market Reflections' from the last trading session (09.09.2010)
"A drop in weekly jobless claims and a rise in exports pushed the Dow up slightly to 10,415. Initial jobless claims fell substantially to 451,000 though reporting delays tied to the Labor Day holiday put the emphasis on next week's report and whether improvement will be repeated. The day's other big news came from the trade report where July exports jumped 1.8 percent in a gain that eases concern over prior slowing. Exports have become a key element of the nation's recovery.
Demand for Treasuries sank in the session, reflected in a poorly received 30-year bond auction. The 30-year yield rose more than 10 basis points to 3.84 percent. The dollar was little changed with commodities mostly lower. Gold ended in the $1,240s." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-- Wholesale Trade
[Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.]
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... AND ...
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Of note in Australia on Monday of next week:-- Please note there is no noteworthy 'Economic news' due to be released in Australia on Monday.
[Sources used: nasdaq.com & fxstreet.com]
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ASX Market Watch (widget snapshot)- ... and the DOW futures are currently Up 15 pts atm (Live)!
