Good morning Andrew,
Metals are quiet this morning despite worrisome comments by the Greek Prime Minister.....Mr. Samaras is warning that his country could be forced out of the Euro zone if the debt-laden country's parliament does not approve a new round of austerity measures in a vote scheduled for thisWednesday......While the comments are being felt in the currency markets with the Euro down another 41/100ths of U.S. cent, the metals are relatively calm......Silver is $30.90 off 8 cents.....Gold is $3.00 higher at $1678.00....Palladium is trading at $600.00, off $3.00 per ounce.....Platinum is up $1.00 and changing hands at $1546.00....Last on the Euro $1.2794......
Other markets are little changed as well.....Oil is 4 cents higher at $84.90 per barrel.....The U.S. stock market is being indicated to open quietly with Dow futures up 4 points.....
Overseas we find Asian markets having closed with losses of about 0.45%......European markets are down 0.5% to 1.25%.....The Greek comments and early nervousness in front of tomorrow's U.S. elections are the catalysts......
We do have one economic report on the calendar today.....The Institute for Supply Management's Services Index (ISM Services) is expected to clock in at 55 versus 55.1.....A non-event......That's it......
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080
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