Pre-Market Brief

Good morning. US equity futures are moderately lower, sp -5pts, we're set to open at 1912. USD is a touch weak, -0.1% in the DXY 96.90s. Metals are cooling, Gold -$7, with Silver -0.5%. Oil is -0.4% in the $32s


sp'60min

Summary

There is clearly risk of a minor washout to the sp'1900 threshold, before resuming higher to 1950/60s next week.

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early movers...

Deere (DE) -3.0% in the $77s, as the outlook is drastically cut.

Downside target is pretty clear... the mid $50s.
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Overnight action

Japan: -1.4% @ 15967.... pretty negative end to the week
China: -0.1% @ 2860... rather subdued
Germany: currently -0.4% @ 9421
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Have a good Friday