Tuesday 3 June 2014

Closing Brief

US indexes saw minor chop across the day, sp -0.7pts @ 1924. The two leaders - Trans/R2K, settled lower by -0.8% and -0.2% respectively. Near term outlook is somewhat uncertain ahead of the ECB, but with broader underlying upward pressure.


sp'60min


Summary

A very quiet day in market land...tomorrow will most certainly be more dynamic, to be inspired by 'ADP jobs data', and a Fed beige book.

*I remain on the sidelines.
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more later..on the VIX