Yahoo shares are up +1.52% to $28.08 in busy pre-market trading after Microsoft said it has proposed a new deal “that would involve a transaction with Yahoo but not an acquisition of all of Yahoo.” In response, Yahoo restated it remains “open to pursuing any transaction which is in the best interest of our stockholders.”

In other pre-market action, SolarFun Power Hings (SOLF) is up +11.3% to $25.42.

Citi has cut its ratings on Goldman Sachs (GS), Lehman Bros (LEH) and Morgan Stanley (MS), citing more bad news to come.

Crude Oil (June futures) is up almost +$1.00/bbl to 127.02 this morning, and the spot prices of the precious metals are also continuing their rally since early Thursday morning despite a flat Euro so far today. The DJIA June futures are also flat.

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Links & Charts

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International Economics Review

US Economic Calendar.

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International Equity Markets Review

Europe

Here is the latest session data for the bourses of Europe.

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Here is the latest session data for the London stock exchange FTSE.

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Here is the latest session data for the German DAX.

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Here is the latest session data for the French CAC 40.

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Here is the latest session data for the Milan Italy stock exchange MIBTEL.

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Here is the latest session data for the Swiss market index.

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Asia-Pacific

Here is the latest session data for the Asia-Pacific stock exchanges.

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Here is the latest chart for the Japanese Nikkei 225 index.

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Here is the latest chart for the Singapore index .

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Here is the latest chart for the Shanghai Composite index .

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Here is the latest chart for the Hong Kong Hang Seng index .

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Here is the latest chart for the India BSE 30 index .

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Here is the latest chart for the Australian All Ordinaries index .

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US Equity Markets Review

DJIA (interactive) chart

NASDAQ Composite (interactive) chart

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Have a good day.

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Oil Review

Here is the July-08 Crude Oil chart.

Interactive Chart of Daily Crude Oil:

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Gold & Precious Metals Review

Spot gold chart for the week

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Spot silver chart for the week

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Forex Review

Here is the chart of the week's trading in the $USD.

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