Loading ...Seems the markets in general have been set to autopilot, algo’s trading back and forth to scalp a penny here and there, but no real trend either up or down. SM is a little below the flatline, the dollar and rates are flat. The only thing I see trending is oil, and it is trending down, now just below $62. Bitcoin down a little more than 1/2%, has had a rough start to the week.
PM’s flatlining as well, same with the shares. Going nowhere fast.
Housing starts and permits is the eco data of the day, but I don’t remember them moving markets much. They are expected to be slowing. We’ll see.
We have been firming up in the last couple of hours in the overnights as the dollar has eased, but surely doesn’t look like a big move in anything is coming today.