World Markets and Futures

• Futures are pointing to a lower open this morning

• Asian markets are trading higher

• European markets are trading higher

• GDP-Prel Market expects 4.1%

• Chain Deflator-Prel market expects 2.7%

• Initial Claims at 8:30 am market expects 320K

• Help-Wanted Index at 10 am market expects 25

• Market is worried that the Fed will not cut rates in Sept.

• Crude Oil is currently $73.68 per barrel

• Gold is currently $674 per ounce