Currently, I have two knitting projects on the needles. On my circulars, I have a cowl in the works for DD1's birthday in July. I am making it in her favorite color, and in the pattern Milanese Loop from Ravelry. (http://www.ravelry.com/patterns/library/milanese-loop)
The second project is a pair of socks on size 1 dpn's. I just couldn't hold off starting another pair of socks any longer (I hadn't knit socks since finishing a pair in late March/early April). My local yarn shop is having a Sock of the Month Club from April to October, and I just could not resist getting in on their May sock.
It's is the pattern called Circle Socks, also from Ravelry (http://www.ravelry.com/patterns/library/circle-socks), and I am working it in Plymouth Yarn's Neon Now in colorway 003.
I am loving the way the circles form themselves in the leg of the sock. It looks so complicated, but it is really just knitting six stitches, slipping a few stitches, knitting six stitches, slipping a few stitches, around and around, with 3 rows of purling between each set of knit & slip rounds.