Morning News

Futures are pointing to a lower open

In Japan the Nikkei 225 closed down 1.33%

In Hong Kong the Hang Seng closed up 3.8%

European markets are trading down by 1-2% early on

MBA Purchase Applications (wk11/21 , 2008)

Jobless Claims (wk11/22 , 2008)

Personal Income and Outlays (Oct , 2008)

Durable Goods Orders (Oct , 2008)

NAPM-Chicago (Nov , 2008)

Consumer Sentiment (Nov , 2008)

New Home Sales (Oct , 2008)

EIA Petroleum Status Report (wk11/21 , 2008)

EIA Natural Gas Report (wk11/21 , 2008

Crude Oil is $51.35 per barrel

Gold is $819 per ounce