Morning Call by Greg Secker

Looking at the markets, on the back of poor PPI figures and Oil hitting new highs the DOW ended the session down 200 points. The S&P returned to the trend line closing the session down 14 points and the NASDAQ finished down 24 points. The FTSE fell heavily closing the day 185 points down. Futures - DOW is called down 5 and the FTSE is called down 1. Oil is trading $129.07 a barrel and gold is trading at $920.50