DTN Early Word Grains 11/27 05:57

DTN Early Word Grains 11/27 05:57 Leftover Turkey and Cracked China Grains were closed overnight for the U.S. Thanksgiving Holiday, scheduled to open at 8:30 am (CT). By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: Grains were closed overnight for the U.S. Thanksgiving Holiday, scheduled to open at 8:30 am (CT). CME Globex Recap: Black Friday morning has global markets focusing on the continued situation between Turkey and Russian, as well as an investigation into violations by two Chinese brokerage houses. The latter has battered Chinese stock markets and could have a ripple effect on commodities, with crude oil down more than $1.00 and gold off almost $6.00. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 1.20 points higher Wednesday at 17,813.39. The NASDAQ Composite was up 13.33 point at 5,116.14. DJIA futures were 5 points higher overnight. Asian markets were mostly lower with the Nikkei down 60.57 points at 19,883.94 and China's Shanghai Composite posting a sharp sell-off of 199.25 points (5.5%). European markets were mostly higher. The U.S. dollar index was up 0.245 at 100.040, its overnight high just short of Wednesday's peak of 100.070. The long-term high remains 100.390. Crude oil was $1.01 lower at $42.03 while Brent crude was $0.42 lower at $45.04. February gold was $5.20 lower at $1,064.50. Dalian soybean futures were lower while Malaysian palm oil futures were higher.