Tuesday 1 July 2014

Pre-Market Brief

Good morning. Futures are moderately higher, sp +5pts, we're set to open around 1965. With sig' QE-pomo of $3bn today, equity bulls have an opportunity to break new historic highs in the 1970s. Metals set to open a little lower, Gold -$4.


sp'daily5


Summary

So.. a long and somewhat quiet day is probably ahead.

As ever, we have a few more games today to keep everyone distracted.
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Video update from Carboni


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Good wishes for Tuesday trading!

*one other thing, we have the Yellen talking to the IMF tomorrow morning. I'm unsure as to whether any of the media will be paying attention, but still...equity bears need to be mindful of it.