| The KUIK Morning Market Report for Friday, June 19: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (39) | points | 18,076 | 6:59 AM | ||
| S&P500 | Down | -0.17% | percent | 2,118 | (3.69) | ||
| Nasdaq Composite | Down | -0.22% | percent | 5,122 | (11.12) | ||
| 30 Year Treasury | Down | (7) | Basis Points | 3.07 | Annual Yield | ||
| e | |||||||
| The euro fell today against other currencies on reports that Greeks withdrew more than €3 billion from their banking system this week, raising fears that capital flight could lead to a full collapse. The European Central Bank governing council raised its emergency liquidity assistance for Greece in a call on Friday, but didn’t disclose by how much. This is the second time this week that it raised the ceiling on assistance program. European leaders will hold an emergency summit on Greece on Monday. | |||||||
| The House of Representatives passed a bill Thursday to give President Barack Obama “fast track” trade authority. The bill would allow Obama and future presidents to send trade agreements to Congress for up-or-down votes without amendments. The bill now goes to the Senate, where Republican leaders are seeking to pick up enough support from Democrats to pass the measure and send it to Obama’s desk. Obama wants fast track to speed congressional passage of the proposed Trans-Pacific Partnership, a 12-nation trade deal. The final vote was 218 to 208. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dollar-slightly-up-against-yen-ahead-of-boj-kuroda-comments-2015-06-19-21034910 | |||||||
| http://www.marketwatch.com/story/house-passes-fast-track-trade-bill-2015-06-18-1291301 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||