Tuesday, 29 March 2016

Pre-Market Brief

Good morning. US equity futures are moderately lower, sp -5pts, we're set to open at 2032. USD is broadly flat around DXY 96.00. Metals are flat. Oil is -2.0% in the $38s.



Morning chop looks due... ahead of the Yellen.

A burst higher to the sp'2045/55 zone remains very viable, but it would then seem likely we'll get stuck, before rolling lower, and cool into late Thursday.

Update from Mr C.


Overnight action

Japan: minor chop, -0.2% @ 17103
China: -1.3% @ 2919
Germany: currently -0.1% @ 9845

Have a good Tuesday