Thursday 21st January 2010 Morning Wrap

January 21st, 2010

James Gerrish

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General Advice Only
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In this morning s wrap
SP500: Down 1.06%
Results underwhelming
FTSE: Down 1.67%
Commodities weigh

CHINA: down 2.93%

Oil: Down 1.77% to $77.15
Chinese plan to curb lending
Gold: down at $1112.80
USD rise
USD: Higher on risk aversion

SPI: Critical Level(s): 4850 to 5050
Pullback today

ASX News

AMP preparing defense
OZL strong production beats expectations
QAN to swoop if JAL gives up routes
Lower open expect
Index options expiry

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