Good morning. US equity futures are moderately higher, sp +8pts, we're set to open at a new weekly high of 2089. USD is back on the rise, +0.3% in the DXY 99.20s. Commodities are mixed, Gold +$3, whilst Oil remains weak, -0.6%.
sp'60min
Summary
Suffice to note... its opex... regardless of how today closes... it will have been a week for the equity bulls.
Bulls need a close of sp'2097 to fully negate last weeks declines.... not that its necessary to prove anything. The 2100s look due in any case.
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Overnight Asia action
Japan: weak across the day, but with a bizarre spike into the close, +0.1% @ 19879
China: +0.4% @ 3630... remaining broadly strong... a monthly close -more likely Dec', above the key 10MA (3700s) looks due.
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End week doom chatter from Hunter
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Have a good Friday.