Pre-Market Brief

Good morning. US equity futures are moderately higher, sp +4pts, we're set to open at 2077. There is clear resistance in the 2080/85 zone, but it now seems highly probable the market will be trading around 2115/20 by Christmas eve.


sp'60min

Summary

Not much to add.

By my count, we have 10 trading days left of 2015. A couple of them will likely be net daily declines... but broadly... the market looks set for a year end close... somewhere in the 2125/2150 zone.

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Update from Oscar



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Overnight Asia action

Japan: +1.6% in the 19300s.
China: +1.8% @ 3580

Have a good Thursday