Saturday, June 6, 2015

SATURDAY 6/6/15; Syria in Chaos; G7 Protests; Turkey Election Violence; American Pharoah Wins Triple Crown

SPX 2093. INDU 17849. COMPQ 5068. RUT 1261. DAX 11197. CAC 4921. FTSE 6805. MIB 22847. IBEX 11062. NIKK 20461. SPASX200 5498. KOSPI 2068. SSEC 5023. HSI 27260. BSE 26768.

Euro 1.1111. Dollar/yen 125.61. Pound 1.527. WTIC oil 58.88. Brent oil 63.31. Natural Gas 2.593. Gold 1172. Silver 16.095. Copper 2.702.

US Treasury yields are; 2-year 0.72%, 5-year 1.74%, 10-year 2.41%, 30-year 3.115%. The 10-year yields are; Greece 11.22%, Portugal 2.95%, Italy 2.24%, Spain 2.22%, UK 2.08%, Germany 0.851%, Japan 0.512%. 

1000 schools are closed in Korea due to the MERS outbreak. 
















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The Belmont Stakes horse race, the third leg of the Triple Crown, is on tap today with  millions of people around the world tuning in to see if American Pharoah (pharaoh is purposely misspelled) wins the day. American Pharoah won the Kentucky Derby and Preakness and is in position to become the first horse to win the Triple Crown since Affirmed in 1978. The Belmont race is longer which is difficult for a horse to run after the prior two races and American Pharoah will be competing against fresh horses. Rain is falling through the night and early morning and may benefit American Pharoah that runs well on a wet track. By race time the sun is shining and track is dry. The horses line up in the starting gate and they are off. American Pharoah leads and never looks back wining the Belmont and becoming the first horse to win the Triple Crown in 37 years. Sponsors such as Monster Beverage are throwing money at the horse. MNST should receive a bounce in Monday trading.

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