Yesterday the S&P/ASX 200 ended the day up 31 points, closing at 4,735.70.
The Dow Jones Industrial Average ended the day down 9 points closing to 10,396.76. According to the US Federal Reserve, the US economy improved in nine of the 12 Federal Reserve regions.
In the UK, the FTSE ended the session higher by 49 points to 5,533.21.
A quick note before I go on. You may have noticed yesterday that I got my cents and my pence in a muddle. You can rest assured that one Australian dollar will get you around 60 pence. Not the other way around.
Thanks to the heaps of readers who pointed this out. It’s good to see that you keep reading after finishing Kris’s daily rumblings! This morning the Aussie dollar is trading at 59.95 pence.
The Nikkei was up 31 points, ending the session at 10,253.14.
Gold enjoyed another rally overnight, gaining by USD$5 per ounce.
The price of spot gold in Australian dollars is trading at $1,261.61 while in US Dollars it is trading at $1,142.14. The price of silver in Aussie dollars is $18.98 and in US Dollars it is $17.15.
The Aussie dollar versus the US dollar is USD$0.9050, against the Japanese Yen JPY80.10.
Crude Oil closed at USD$80.90.
For the biggest movers on the market yesterday click here…
That’s all I have for you today. I’m off for a long weekend, see you Tuesday.
Shae.
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FIIK