This is daybreak australia. We are still an hour away from the start of asias major market. Betty a brandnew week, but it will be a short week. It is just after 5 00 p. M. In new york. The thanksgiving holiday break already. Last week we saw a second decline in u. S. Stock. We ended on a red note. The s p and dow off by about one or two points as well. Decline, twoek of an a row since august. It continues to dog investors. Where is the fed going to go next year . Beheadedl tax reform and will we get it done by the end of this year . These Research Notes coming through last week. You have this market, nothing seems to bother it. You have something skittish starting to build, it seems like every headline might comes to that tax reform seems to be hurting the markets as well. We get this brandnew trading week started, lets take a look at new zealand where trading is underway. At about 1 10 of 1 . Australia, coupled members speaking early this morning about financial stability. Cindy futur
Bri a little bit too much of a literary analogy there. Good morning. Its a huge week as becky said, especially for the summer. Well look at the markets. The s p, dow and nasdaq indicating a slight drop, but folks, its early. The beginning of a big week. Well check oil. Oil prices this morning not doing a whole lot as well. We are seeing wti crude come down to 57 cents to 101. 52. All the hard commodities, brent, crude, heating all, they are all slightly lower this morning. The tenyear treasury yield is favorable if you are a borrower. If youre looking to buy a house, the tenyear yield is down but the tenyear note is down 2. 5 . The Mortgage Rates should remain low. Were seeing a slight move higher in euro dollar, 1. 3435. And we are seeing the price of and ounce of gold up 1 to 1304 this week. It will be a big month in geopolitical. I think it stands to note that you guys know with all the stuff going on geo politically, its a good time for companies to come out with something you dont