Good morning everyone, it's raining falling prices outside! Futures see metals today at -1.23% and stock indexes -0.51%. Whild this may be just another day of profitaking for stocks after yesterday's pullback in mixed trade, metals are in freefall: gold'n'silver $1,094.92 and $14.85. If that weren't enough we also got this:
7:00 AM MBA Mortgage Index
9:00 AM FHFA Housing Price Index
10:00 AM Existing Home Sales
10:30 AM Crude Inventories