Bobbys Corner-Open Market-Jan.28.2010
Good Morning:
The EUR/USD pair fell below 1.40 , trading at 1.3936 during the overnight hours. Comments from China’s central bank that they should not purchase Greece’s debt-added pressure on the Euro.
Yesterday the FOMC’s statement commented that the US economy is in “recovery”, and that they will continue to keep interest rates at record lows.
World equity markets were higher-and US Futures are pointing to a higher opening this morning.
Ford and Procter & Gamble reported better that expected Q4 earnings.
Oil:$74.25 Gold:$1092.40
| TIME | FOR | EST | PRIOR | |||
| 8:30A.M. | CHICAGO FED NAT ACTIVITY INDEX | DEC. | -0.40 | -0.32 | ||
| 8:30A.M. | DURABLE GOODS ORDERS | DEC. | 2.00% | 0.20% | ||
| 8:30A.M. | DURABLES EX TRANSPORTATION | DEC. | 0.50% | 2.00% | ||
| 8:30A.M. | INITIAL JOBLESS CLAIMS | JAN.23 | 450K | 482K | ||
| 8:30A.M. | CONTINUING CLAIMS | JAN.16 | 4593K | 4599K | ||
HAVE A GREAT DAY & GOOD LUCK




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