Global Equity Markets were lower across the board Thursday with DJIA rounding out the last session with a loss 93.87 points to 10,332.44. Global concern over corporate and banking losses is mounting as the markets digests the economic data released this week.
In the commodity space, Oil lost $1.69 to close at $77.89 while Gold was virtually unchanged at 1,144.65. Treasuries rose today and yields fells as they move inversely. The Three month T-Bill turned negative for the first time since last year with the near collapse of the financial markets. Although there is cause for concern it is also common to see demand for T-Bills increase as year-end approaches.
In the Forex Markets the Dollar was stronger against the G-10, only losing a little to the JPY. The DXY continues to hold firm, currently at 75.29. Friday will be a light day for economic releases with the exception of Japan where an interest rate decision is due from the BOJ. No change in the rate is expected.

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