Tuesday, July 18, 2006

PPI Numbers - Lets see what they do.

Below is YHOO Finance Market update for PPI Numbers.

"08:33 am : S&P futures vs fair value: -3.0. Nasdaq futures vs fair value: -2.5. Futures trade pulls back following PPI data, still indicating a modestly lower open for the indices. Total PPI rose a larger than expected 0.5% (consensus 0.3%) in June, while the more closely watched core rate (ex-food and energy) rose 0.2%, matching economists' forecasts. Bonds, which were down ahead of the data, have weakened, as the 10-yr note is now down 7 ticks to yield 5.09 %. "

Lets see how they affect my current trades.

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