Gold

S&P &Futures (Click for latest)

Hang Seng +19

Nikkei +17

News Headlines:    The Dow closed in negative territory following news Eastman Kodak would miss its second-quarter earnings estimates. This took more than 10 percent from the stock's value and weighed heavily on the index. The Nasdaq index clung to gains following Oracle's revised bid for PeopleSoft. WPP says it has agreed to acquire ailing advertising rival Cordiant in an all-share deal valuing the firm's share capital at around 10 million pounds. Under the proposal, WPP said it would offer one new WPP share for every 205 Cordiant CRI.L shares. It said it had acquired the majority of Cordiant's debt at par value from all but one

AEA

Calendar All GMT	United Kingdom (F)inals (I)nterim	United States (Click Flag)	Europe & World
Thu 19th	AEA Technology (F) PTL 5.4m exp. Belhaven Group (F), Dart Group (F), GW Pharmaceuticals (I), New Look (EGM) 09.30 May Retail Sales m/m +0.2% exp. 09.30 May PSNCR 4.7bn exp. 09.30 May M4 Money Supply y/y +8.2% exp. 11.00 June CBI Industrial Trends	GTECH (Q1), Lehman Bothers (Q2) 13.30 Q1 Current Account Balance -$142bn exp. 13.30 Initial Claims (w/e 14/06) 425k exp. 15.00 May Leading Indicator +0.6% exp. 17.00 May Philly Fed 5.0 exp.
Good Trading!   David@FTSEDOW.com    www.FTSEDOW.com            Pivot Calculator