Monday 25th January 2010 Morning Wrap

January 25th, 2010

James Gerrish

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General Advice Only
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In this morning s wrap
Dow: Down 216 pts off 4.1% on the wk
Political instability ;
Google results;

FTSE: Down 32 points or 0.6%

Commodities weigh

CHINA: Down 0.96% – on support
Reduction in liquidity bearish for short term growth

Oil: Down 2.02% @ $74.09
Growth assets sold down

Gold: down 1.22% to $1090.20
Commodities lower USD Higher

SPI: Critical Level(s): Down 87 points 4700 key
Light volumes day in the red

ASX News
Dollar at three week low aversion to risk
Inflation figures out this week further insight into rate rise
Woodside revenue dips
Lihir predicts drop in full year 2010 production by up to 14%
NUF- Sumitomo board approves investment
Light volumes today red across the board

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