Wednesday, May 21, 2008

Morning News

Futures are pointing to a lower open

European markets are trading down

In Japan the NIKKEI 225 closed down 1.65%

In Hong Kong the Hang Seng closed up 1.16%

MBA Purchase Applications (wk5/16 , 2008)
EIA Petroleum Status Report (wk5/16 , 2008)
FOMC Minutes (Apr , 2008)

Crude Oil hits another record high and is $130 per barrel

Gold is up $5.50 and is $925 per ounce

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