Wednesday, 6 April 2016

1pm update - chop ahead of a press release

US equities remain moderately higher, and look set for an hour of chop ahead of the latest press release from PRINT HQ. The algo-bots will be somewhat twitchy with the latest FOMC minutes, as the market continues to try to walk the fine line between 'everything is okay' and '...but we don't need another rate hike yet'.




Little to add.

In theory, we shouldn't see any price action >2066.

Right now, a daily close in the 2040s would be.... useful.

time for a late lunch