Tuesday, June 6, 2017

TUESDAY 6/6/17; RBA Rate Decision; US 2-10 Yield Spread Drops to 85 Bips; South Africa in Recession; CONN; GIII; MIK; THO; JOLTS (Job Openings) Report; NDX (Nasdaq 100) All-Time Record High; US 10-Year Yield Prints Low for Year at 2.129%; Bitcoin Record High; AMBA; PLAY; UNFI

Today is the 73rd anniversary of the June 6, 1944, D-Day invasion during World War II that began the Battle of Normandy. 160,000 American, British and Canadian soldiers hit the beaches of Normandy in the largest amphibious military operation ever conducted in human history. 9,000 were killed and wounded on those bloody beaches.

[Purchase the 2017-06 chronology to enjoy June's economic and market real-time history including new all-time highs in the stock market.]

The API Oil Inventories are a 4.1 million barrel build when a 3.5 million drawdown was expected. Oil prices will drop. Gasoline and Distillates are builds. WTIC oil drops under 49 to 47.97. The EIA Oil Inventories are released at 10:30 AM EST tomorrow.

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