Friday, June 15, 2007

Morning News

Futures are pointing to a slightly higher open this morning.

European markets are trading higher today.

In Tokyo the Nikkei 225 did end higher.

Crude oil is back up above $67.00 per barrel.

Wholesale gasoline has climbed back up to $2.22 per gallon.

Natural gas sitting at $7.79 per unit.

Gold is currently $653.00 per ounce.

Consumer Price Index for the month of May will be released at 8:30 this morning.

May Industrial Production figures will be released just before the open this morning.

Empire State Manufacturing Survey for June will also be released today.

Ben Bernanke will be speaking in Atlanta today.

Bank of Japan has left interest rates unchanged at 0.5%

Dell Computer delaying quarterly report due to accounting investigation.

A report is out that the New York Mercantile Exchange is exploring a possible sale of the company.

San Antonio Spurs sweep the Cleveland Cavaliers in 4 games to win the NBA Championship.

Nick Dougherty leads the U.S. Open going into the second round at Oakmont CC.

Budd Foxx

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