Tuesday, 12 April 2016

Pre-Market Brief

Good morning. US equity futures are moderately higher, sp +5pts, we're set to open at 2046. USD is u/c in the DXY 93.90s. Metals continue to climb, Gold +$5, with Silver +1.2%. Oil is +1.0% in the $40s.



So, yet again we're set to open higher, although not by much.

I would be surprised if we don't see increasing weakness across today, with a close in the sp'2020s, along with VIX 17s.

notable early movers...

AA -3.2%, on what were lousy (underlying) earnings

GDX, +0.9%... as the metals/miners just keep on pushing.

Overnight action:

Japan: +1.1% @ 15928
China: -0.3% @ 3023
Germany: currently +0.2% @ 9705

Have a good Tuesday