iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Asia Sold Off Last Night on Weak Commodity Prices and a Strong Euro

“U.S. equity index futures advanced, commodities gained and the dollar weakened before data that may show U.S. home sales near a two-year high and after Oracle Corp. (ORCL) beat profit estimates.

Standard & Poor’s 500 Index futures added 0.2 percent as of 10:51 a.m. in London, signaling the equity gauge may climb for the fourth time in five days. The Dollar Index (DXY) fell 0.1 percent. The Standard & Poor’s GSCI (SPGSCI) gauge of commodities advanced 0.2 percent….”

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