Bobbys Corner-Open Market-Dec.10.2009

Good Morning:

The BOE left interest rates unchanged, this decision was highly expected by market participants.
JPY faltered overnight as speculation that some global central banks are considering removing some stimulus measures that have been in place to combat the global economic slump.
Aussie and Kiwi were stronger overnight  as their economies are showing strong signs of recovery.

Asian equity markets were mixed, and European equity markets are higher at this time.  US Futures are also looking at a positive opening this morning.

Oil:$71.02                                 Gold:$11.23.40

Today’s data:
Trade Bal:                          exp: -$36.9b              prior: -$36.5B
Jobless claims:               exp: 455K                    prior: 457K

HAVE A GREAT DAY & GOOD LUCK

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