Tuesday, 29 March 2016

11am update - awaiting the Yellen

US equities remain in moderate chop mode, ahead of the Yellen. USD is -0.1% in the DXY 95.80s. Metals are mixed, Gold +$8, whilst Silver is u/c. Oil remains weak, -3.3% around the $38 threshold.




*note the opening black-fail VIX candle, that sure shouldn't inspire the bears.

Little to add.. as Yellen is due around 11.30am. That event might last until 1pm or so.. perhaps even longer if the Q/A drags on.

Considering the Oil weakness, the broader market is holding up relatively well.

Meanwhile.. here in London city...

Its kinda reasonable today, but within a short while, its set to get a little stormy. Whether that sets the mood for this afternoon in market land...  hmm

standing by... for the CEO of print central.