Good morning everyone,
U.S. stock-market futures are pointing to a softer start for Wall Street, with factory orders and minutes of the latest Federal Reserve meeting among the items in the spotlight for investors.....Dow futures are currently indicating a 19 point lower open despite expectations for a 1.4% rise in U.S. Factory Orders.....January's reading was minus 1%....Later today we get Auto and Truck Sales for March....About the same time the Fed will release the minutes from it's last interest rate meeting which traders always seem to drool over; hoping to glean some indication as to what the Fed has in store next....
In late morning London Metals trading we find mixed activity with Silver off 20 cents at $32.96....Gold sits at $1676.00 down $2.00 per ounce.....Palladium is $10.00 higher and changing hands at $670.00....Platinum is up $14.00 at $1666.00......
In other markets of interest, Oil is 71 cents lower at $104.53 per barrel......The Euro currency sits flat at $1.3317 down 9/100ths of cent versus the U.S. Dollar....
In a final note of interest, and in case you couldn't stay up; Kentucky beat Kansas to win the NCAA Basketball Championship bringing March Madness to a close......That's it....Have a good morning.....
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080
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