Tuesday, 9 February 2016

Pre-Market Brief

US equity futures are moderately lower, sp -10pts, we're set to open at 1843. USD is broadly flat in the DXY 96.50s. Gold +$3, Silver +0.3%. Oil remains under pressure, -0.7% in the $29s.



Little to add.

Its merely a case of whether the market can hold the recent low of sp'1812... before the Yellen appears tomorrow morning.

Overnight action

Japan: collapsing at the open, -5.4% @ 16085
Germany: currently -1.8% @ 8837... well on the way to 8K
UK: currently -0.8% @ 5644