Wednesday, May 28, 2008

Morning News

Futures are pointing to a slightly higher open

In Hong Kong the Hang Seng closed down 0.13%

In Japan the Nikkei 225 closed down 1.32%

European Stocks are trading up

MBA Purchase Applications (wk5/23 , 2008)
ICSC-UBS Store Sales (wk5/24 , 2008)
Durable Goods Orders (Apr , 2008)
Redbook (wk5/24 , 2008)
EIA Petroleum Status Report (wk5/23 , 2008)

Crude Oil is trading down and is $127 per barrel

Gold is trading down and is $896 per ounce

Silver is trading down and is $17.50 per ounce

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