Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 3.15%

In Hong Kong the Hang Seng closed up 5.6%

European markets are flat in early trade

Minerals Giant Rio Tinto to cut 14,000 Jobs

MBA Purchase Applications (wk12/5 , 2008)

Wholesale Trade (Oct , 2008)

EIA Petroleum Status Report (wk12/5 , 2008)

Treasury Budget (Nov , 2008)

Crude Oil is $43.25 per barrel

Gold is $786 per ounce