Monday April 14, 2008

 
The dollar continued to be battered after Wachovia announced an unexpected loss due to

subprime mortgage issues.  The G-7 meeting this weekend produced no concrete steps to

address the credit crisis.

Equity markets in Asia and Europe fell as the G-7 minister’s negative comments on the state of the world economies added nervousness to an already jittery market.

US Futures are lower.

Oil: $111.11

Gold: $ 929.90

Today we have data on Advanced Retail Sales and Business Inventories.

Have a GREAT DAY