Bobbys Corner-Open Market-Dec.24.2009

Written December 24, 2009 at 8:03 AM EST by  

bob-slade-forex-trading-6-150x200Good Morning:

The USD lost ground overnight as speculation that the FED will keep their stimulus measures in place to act as a  driving force to revive the US economy.

World equity markets rose. Expectations that the global economic recovery is gaining traction has investors looking to continue the world wide equity rally.

Oil, Gold and commodities in general all rose.  Copper is this years metals leader with a 132% increase in 2009.

Oil:$76.35                                  Gold:$1102.20

  TODAY’S RELEASES
TIME FOR  EST PRIOR
8:30A.M. DURABLE GOODS ORDERS NOV. 0.50% -0.60%
8:30A.M. DURABLES EX TRANSPORTATION NOV. 1.10% -1.30%
8:30A.M. INITIAL JOBLESS CLAIMS DEC.19 470K 480K
8:30A.M. CONTINUING CLAIMS DEC.12 5170K 5186K

HAVE A GREAT DAY-GOOD LUCK &  HAVE A MERRY CHRISTMAS

No Responses to “Bobbys Corner-Open Market-Dec.24.2009”

Add a comment