Pre-Market Brief

Good morning. US equity futures are moderately lower, sp -5pts, we're set to open at 2032. USD is broadly flat around DXY 96.00. Metals are flat. Oil is -2.0% in the $38s.


sp'60min

Summary

Morning chop looks due... ahead of the Yellen.

A burst higher to the sp'2045/55 zone remains very viable, but it would then seem likely we'll get stuck, before rolling lower, and cool into late Thursday.

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Update from Mr C.


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Overnight action

Japan: minor chop, -0.2% @ 17103
China: -1.3% @ 2919
Germany: currently -0.1% @ 9845
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Have a good Tuesday