US equities remain in moderate chop mode, ahead of the Yellen. USD is -0.1% in the DXY 95.80s. Metals are mixed, Gold +$8, whilst Silver is u/c. Oil remains weak, -3.3% around the $38 threshold.
sp'60min
VIX'60min
Summary
*note the opening black-fail VIX candle, that sure shouldn't inspire the bears.
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Little to add.. as Yellen is due around 11.30am. That event might last until 1pm or so.. perhaps even longer if the Q/A drags on.
Considering the Oil weakness, the broader market is holding up relatively well.
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Meanwhile.. here in London city...
Its kinda reasonable today, but within a short while, its set to get a little stormy. Whether that sets the mood for this afternoon in market land... hmm
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standing by... for the CEO of print central.