Tuesday, 14 August 2012

Pre-Market Brief

Good morning. There is a fair bit of econ-data across the rest of this week, so expect more dynamic action. At least above 'graveyard level'.

Retail Sales: 0.8% vs 0.3% consensus, hmm, better than expected.




Futures are sp+4pts, we're set to open at a new high of 1408.

Update...with the good retail data, we're now set to open up 7/10pts, in the 1310/14 range