Bobby's Corner-Market Open 5.2.2008

Bob Slade — Fri, 02 May 2008 08:18:25 -0400

Friday May 2, 2008

Good Morning:

The dollar continued to strengthen in overnight trading. Weak retails in Germany, along with the UK Construction PMI Index falling-all assisted in the dollar moving up.

Stocks rose in Europe and Asia as speculation that the troubles in the financial markets may be subsiding.

US Futures also rose pointing to a higher opening.

Oil: $113.04

Bobby's Corner-Market Open 4.1.2008

Bob Slade — Tue, 01 Apr 2008 08:25:53 -0400

Tuesday April 1, 2008

Good Morning:

The greenback rallied overnight as disappointing economic data from Asia and Europe showed continued signs of a global economic slowdown.

Asian and European equities were higher. US futures are pointing towards a higher opening.

Gold: $902.20

Oil: $101.17

Gold traded below $900 for a brief time last night.

Today’s economic data at 10AM EST ISM manufacturing data for March: Expected 47.9 Prior: 48.3

Greenback Rally?

Bobby's Corner-Market Open 5.2.2008

Bobby's Corner-Market Open 4.1.2008