Wednesday, 31st March 2010 Morning Wrap

March 31st, 2010

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (1318Kb).

General Advice Only
***********************************************
In this morning’s wrap…

SP500 flat
Financials Weigh on Debt Concerns;
Home Price Index Climbs 0.3%

NASDAQ up 0.3%
Non-Farms Payrolls Out Friday;
Verizon up 2.6% on iPhone Link

Dollar Index: Holds above 80 Level
US$ Higher;
A$ up 91.81

CRB: Commodities Index
Holding Firm

FTSE: down 0.7% – But Still Above Resistance
Greece Bond Sales Falters; UK: 4Q GDP up 0.4%
DAX down 0.2% & CAC down 0.4%

CHINA: up 0.2%
China: New Iron Ore Pricing; Copper 4Q Prices up 76%
Hang Seng up 0.7%;Japan Above Oct’08 Levels

Oil: up 0.5% ($82)
Just Below Resistance

Gold: down 0.7% ($1102)
Commodities Higher;
Dollar Higher

SPI Futures flat (At Resistance)


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