Tuesday 6 January 2015

Pre-Market Brief

Good morning. Futures are a touch higher, sp +3pts, we're set to open at 2023. Metals continue to climb, Gold +$7. Oil remains in collapse mode -1.8%, in the mid $48s.


sp'daily5


Summary

*awaiting ISM/PMI service sector, factory orders data
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So...a little higher to start the day but market will be highly vulnerable to renewed downside, not least with Oil still collapsing.
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Notable early weakness, SDRL -1.5%, CHK -2.0%
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Update from Mr C.


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Have a good Tuesday