World Headlines 2009-05-27

RQ Cross Box: 2009-05-27

The Asian equity markets posted considerable gains earlier. European equity markets started the trading day in rally mode. They gave back most of the gains but remain slightly higher across the board. US equity futures are trading higher ahead of the open. US treasuries are trading around this year’s lows after taking a beating yesterday. Crude Oil and Soy continue to make fresh new 2009 highs as both break through yesterday’s highest levels. USDCAD is making new yearly lows as it continues to decline. GBPUSD broke out to new 2009 highs continuing its breakout which started last week. The dollar remains relatively mixed against other major currency pairs. The only data expected out of the US is existing Home Sales, which is due out at 10am EST.

World Headlines 2009-05-27

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