2pm update - minor churn

US equities have become increasingly subdued, although price action continues to favour the equity bulls into the weekly close. VIX is naturally cooling a little, -1.5% in the mid 15s. Metals and Oil continue to hold the earlier declines.. as the USD itself remains lower by -0.1%


sp'15min

VIX'60min

Summary

Price action is indeed very quiet.. as the weekend looms.

The Yellen is due to make an appearance at 3.45pm... I am not aware if there will be a press release of any prepared remarks.

In any case... rather than watching this tick for tick today.... I'm largely elsewhere.
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Notable weakness, copper miners, FCX/TCK, both lower by around -3%.