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Australian Dollar Lower for Seventh Day:The Dollar Index has trimmed its overnight losses and hovers little changed near 84.25. This level is likely to remain in play into tomorrow's FOMC rate decision. EURUSD is flat @ 1.2940 as trade lingers near 14-month lows. The...
Initial public offerings scheduled to price in the current week.
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No IPOs priced this week.
The stock market ran out of gas on Friday and was pushed into the station to await refueling. So far, however, the station remains closed. The S&P futures, which are off their lows of the morning, are trading slightly below fair value and pointing to a lower start...
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