Thursday 6 March 2014

A quiet day in market land

It was a very quiet day in the US capital markets, after the rather huge Tuesday equity gains. The rest of the week will be centered around the next monthly jobs data - due Friday 8.30am. The sp'500 looks set for a weekly close somewhere in the 1875/85 zone.


sp'weekly8


Summary

There really isn't much to add..on what was a very quiet day, where the big Tuesday gains were consolidated.


Looking ahead

We have the usual jobs claims, productivity/costs, and factory orders. There is one Fed official on the loose - Dudley, and his comments will probably be monitored by a fair few.

*next sig' QE is not until next Monday.
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Goodnight from London