Thursday, 3 October 2013

Pre-Market Brief

Good morning. Futures are moderately lower, sp -6pts, we're set to open at 1687. Precious metals are weak, Gold -$9. Oil is flat. Equity bulls should be battling for a positive close today, into the low sp'1700s.



Once again we're set to open somewhat lower..and again...the declines are not significant.

I certainly don't expect a break below the key low of 1675, baring some spurious news report from either the Obama/Boehner camp that there is 'little hope of a resolution'.

Market could just remain stuck in the 1680/90s until next week.

Update from Mr C.