NewsWare’s Trade Talk: Thursday, June 16

S&P Futures are down hard this morning as futures reverse post-Fed rally. Global central banks are now rushing to tighten policy to avert currency risks being created by the stronger dollar. Weakness is being seen n Europe this morning and in Asia overnight. Oil is moving lower as demand prospects and the stronger U.S. dollar. Later this morning we have the weekly Jobless Claims and Import Export reports due out. After the bell, today, watch for earnings from ADBE.