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Daily Forecast - 7/4/2010

Nervous long AUD positions were wound down in early Asia yesterday as the local market anticipated the conclusion of the RBA meeting and the impending interest rate decision.
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Futures dip as Greece, Fed minutes eyed

Stock index futures edged lower on Tuesday after a report Greece wants to renegotiate a deal it struck for financial aid reignited concerns about the stability of the debt-ridden country.
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Stock futures dip, Fed minutes eyed

U.S. stock index futures dipped on Tuesday ahead of the release of minutes from the U.S. Federal Reserve, likely to provide clues to the Fed's thinking on interest rates, while the Dow approached the 11,000 mark for the first time since September 2008.
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Peabody sweetens Macarthur Coal bid; Noble hovers

Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer was below Macarthur's market price, suggesting the bidding could go higher.
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Stock futures signal dip in early trade

U.S. stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.29 percent, Dow Jones futures down 0.16 percent and Nasdaq 100 futures down 0.16 percent at 3:30 a.m. EDT.
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Super sunscreens to fight against Melanoma

The scientists at the University of Queensland are investigating the effectiveness of highly protective sunscreens and whether a more potent version was needed and required.
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Asian stocks rise on strong U.S. jobs data

Asian stocks rose on Monday after data showed U.S. employers created jobs last month at the fastest pace in three years, boosting hopes of a sustained economic recovery.
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Controversial drug, thalidomide treats blood disorder

Thaliomide, the sedative drug taken by mothers to reduce morning sickness, half a century ago, which resulted in high risk of birth defects, treats a rare inherited blood disorder, according to recently reported lab experiments.
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Mothers' poll fight over disability scheme

TWO mothers with disabled children have launched a national grassroots movement they hope to turn into one of the most powerful single-issue campaigns in Australian politics.

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