Good morning. US equity futures are moderately higher, sp +11pts, we're set to open at 2052. USD is +0.1% in the DXY 94.50s. Metals are cooling, Gold -$8, with Silver -0.1%. Oil is +3.3% in the $38s.
So, we're set for an annoying open.... back in the 2050s.
Such gains will be highly vulnerable to fading, and I expect a net daily decline.
Unless we close <2025... I will hold short across the weekend, and wait for a better exit on Monday.
Update from Oscar
News chatter from Hunter
Japan: +0.5% @ 15821
China: -0.8% @ 2984
Germany: currently +1.1% @ 9636
Have a good Friday