Wednesday, 16 December 2015

Pre-Market Brief

Good morning. US equity futures are moderately higher, sp +11pts, we're set to open at 2054. Metals are bouncing, Gold +$4. Oil is -0.5% in the $37s, ahead of the latest EIA oil report.



After 7 years... here we are.... its Fed day, and we're set for an interest rate rise.

Market mood is increasingly positive, and once we're pass 2.15pm or so... we should have a fair idea of where we're headed for the rest of the year.

early movers...

BAC +1.1%... higher rates would be bullish financials
DIS +2.1% in the $114s... as Star Wars starts to arrive
RIG +0.5%... energy stocks inclined for further gains

Update from Riley

Update from Oscar

Overnight Asia action

Japan: +2.6%, back over 19k
China: +0.2% @ 3516

Have a great Wednesday