- S&P +2pts to 2075
- Dow +28pts to 17856
- Nasdaq +6pts to 4793
US 10 year yields 2.21% -3bp
There have been various stores reporting sales growth details from Black Friday sales and there’s more than one eye on energy stocks with the falls in energy prices impacting bottom lines. On the flipside airlines have been doing better on the expected lower cost benefits.
USD/JPY is well bid today since and since breaking the week long downtrend. It’s becoming a bit stickier around the 118.45/55 level which marked Tuesdays high but we might get a decent finish towards 119 or better if that area goes.
USD/JPY H4 chart 28 11 2014
