Friday 5 December 2014

Post launch Brief

Whilst the Orion module (via Delta 4 heavy rocket) has managed to roar off the pad this morning at 7.05am EST, equity futures are a touch higher, sp +2pts, we're set to open at 2073. Metals are weak, Gold -$8.


Bullish escape velocity
Launch replay...



sp'daily5


Summary

A great morning for all those at NASA, but also, for anyone who thinks we should eventually expand beyond this rock. I dare suggest it doesn't get any more bullish.
---

As for the market... well, we've the jobs data at 8.30am... market will probably get the 'Goldilocks' number that it wants to end the year.
--

Video update from Oscar



--
Have a good Friday
--

8.32am.. Job gains.. 321k.... 5.8%..... it is too good a number... market is not pleased.. for fear of higher rates... sooner.


8.37am.. most notable of all... USD breaks the march'2009 high of 89.11.... next stop.... 92s... and that is not going to help the metals.. or oil!