TUESDAY 6/9/15; China CPI (Consumer Price Index) and PPI (Producer Price Index); LULU; Wholesale Trade TRAN Prints -10% Correction

Australian markets are back from the Monday holiday and set to begin the week trading lower along with the Nikkei Index and KOSPI. At 7:40 PM EST Monday evening (8:40 AM Tokyo time Tuesday morning), US futures are positive. S&P +3. Dow +19. Nasdaq +5.

The China inflation data is disappointing creating selling pressure across 























[Text is Redacted: Purchase June 2015-06 to Read the Complete Chronology]

MSCI defers the decision to include Chinese stocks in the emerging markets index. MSCI says they will work with China regulators to overcome obstacles and the inclusion of mainland stocks to the index can occur at anytime. SSEC may trade soft overnight, however, it is only a matter of time before the Chinese stocks are placed in the MSCI index so the move lower in the Shanghai Index may be muted.

API Oil Inventories drop by 6 million barrels the draw down will boost oil prices. The EIA Oil Inventories are released tomorrow at 10:30 AM EST.

Religious leader Franklin Graham is pulling money from WFC and TIF after ads promote lesbian couples in conflict with his congregations beliefs.