The S&P futures blipped up after the US trade data but we’ve since shed most of those gains and are up less than 2 points at the moment. Oil has tumbled back onto the $75 handle, trading now at $75.90. The CEO of ExxonMobil said overnight that $20-25 dollars of the oil prices is predicated on the weak dollar.
EUR/USD has pulled back to 1.4850 support. More lies down at 1.4835 and 1.4822, yesterday afternoon’s low.
