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By admin | July 3, 2008
* Asian markets were largely in the red Thursday: Nikkei -0.16% to 13,265. Hang Seng -2.13% to 21,243. BSE -4.18% to 13,094. Shanghai +1.95% to 2,704.
* Europe at midday: London -0.6%. Paris -0.65% Frankfurt -0.8%. Stockholm -2.15%.
* U.S. futures: Dow -0.04%. S&P +0.04%. Nasdaq -0.37%.
* Oil breached $145 for the first time in overnight trading, boosted by concerns about Iran, yesterday's inventory data, and a possible ECB rate hike which could weaken the dollar. Futures +1.24% to $145.35. Gold -0.25% to $944.
* Thursday's economic calendar:
7:45 ECB Announcement
8:30 Payrolls and Jobless Claims
9:00 RCB Cash Index
10:00 ISM Non-Manufacturing
10:30 EIA Natural Gas
Topics: Daily Updates |
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