Tuesday, 21 May 2013

3pm update - melt into the close

The main indexes are holding moderate gains, ahead of the Bernanke tomorrow.  VIX is +2%, with the USD slightly higher. Oil is weak, -0.8%, with the metals starting to slip again in the late afternoon.


sp'60min


Summary

A quiet day..and its proceeded largely as expected.

Considering the indexes, Oil is noticeably weak.