The Queen’s Birthday public holiday for the eastern states meant no action in the Australian markets, the ASX was closed.
Overnight US stocks rallied making it the third close at a record high. The S&P 500 closed up 0.09 percent with better than expected jobs creation last week and the ECB lowering interest rates helping the index stay at record levels.
Oil rallied on the back of strong demand from China and Japan as expectations are forecasting for a higher demand in energy. WTI closed at US$104.41 a barrel, its highest close for the benchmark since March.
Gold finished slightly higher as there were no major new economic data for investors. We are now seeing some safe-haven buying due to a lower confidence level in Europe.
The price of EVA interlocking jigsaw rubber gym mats remains stable. Ezymats is the leading supplier of jigsaw mats in Australia. They now have 20mm, 30mm and 40mm interlocking jigsaw rubber gym mats available.