Bobby's Corner Market Open 8.7.2008
Posted by Bob Slade on Thu, 08/07/2008 - 7:33am in
Good Morning:
The dollar was a touch softer as both the ECB and the BOE left their benchmark interest rates unchanged. ECB at 4.25%, BOE at 5%.
World Equities were mixed overnight- US Futures are lower this morning following AIG’s higher than expected loss.
Oil: $890.80 Gold: $120.71
Today we have data on:
ECB Press Conference at 8:30 AM
Initial Jobless Claims; Exp: 420K Prior: 448K Actual: -455K
Pending Home Sales: Exp: -1% Prior: -4.7%
Have a GREAT DAY and GOOD LUCK
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