Friday, October 24, 2008

Morning News

Futures are pointing to a much lower open

In Japan the Nikkei closed down 9.6%

In Hong Kong the Hang Seng closed down 8.3%

European markets are trading down by 8-9% early on

Existing Home Sales (Sep , 2008)

OPEC cuts oil production but oil sinks $4 dollars per barrel

Britain in a recession?

Crude Oil is $64 per barrel

Gold is $693 per ounce

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