Tuesday, June 05, 2007

Morning News

Futures are pointing to a flat to slightly lower open this morning.

European markets are to the flat side today.

In Tokyo the Nikkei 225 did end higher.

Crude oil is sitting just under $66.00 per barrel.

Wholesale gasoline is $2.22 per gallon.

Natural gas making a move to $8.18 per unit.

Gold is sitting at $676.00 per ounce.

Institute od Supply Management's non manufactoring index will released at 10:00 this morning.

Ben Bernanke will be speaking on housing and the economy today.

Treasury Secretary Paulson to speak on economic relationship with China today.

Oman coastline being battered by powerful cyclone. The country exports over 650,000 barrels of oil per day.

Avaya Inc. to be bought by TPG Capital and Silver Lakes Partners for $8.2 billion.

Coca Cola vows to reduce the water it uses making beverages.

Intel and Asustek Computer to team up on notebook pc for $200.00 or under.

Budd Foxx

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