12pm update - moderately weak

Equities remain seeing minor weak chop, with the sp'500 fractionally breaking the Friday low of 2085. There remains particular weakness in the Transports, -1.6%. USD remains broadly weak, -0.7% @ DXY 95.60s. Metals remain mixed, with Gold +$2, whilst Silver -0.7%


sp'60min

Trans, daily

Summary

Little to add, on what is a relatively quiet Monday.

Greece looks set to rumble on until end month. The only issue is whether they will be willing to fulfill the payments end month... or just GREXIT!

notable weakness, airlines, DAL/UAL, both lower by -4%

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VIX update from Mr T.



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time for lunch :)