Loading ...Oddly enough, pm’s are too, and I do mean creeping. Silver up 1/2%. Gold up $5. PM shares creeping as well.
10 yr. up 3 bips. Ther big winner is Bitcoin up 2%. Oil also up better than 1% SM flat.
Eco data is the ADP jobs report – yep, that’s right, another dreaded jobs report week. I did see the JOLTS from yesterday and the amount of job openings rose a lot more than expected, it beat by 50K. So, I’m not sure if it’s an early indication of economic strength here in the US. We know it’s not a govt. job boom.
It is nice to see the metals strengthening, after being down some pretty much all night. The trick is trying to hold it all day as they hit the drip sell button on the algo’s.