US stock market open 22 July 2016
S&P -1pts to 2164
Dow -3pts to 18513
Nasdaq -2pts to 5072
US 10 year yields 1.59.% +3bp
If Europe is anything to go by we're having a bit of a 'meh' day. USDJPY is just dropping back below 106.00 so maybe that's going to help FX markets liven up.
There's not much left on the old data front. In 10 mins we get the July US manufacturing PMI from Markit. We're expecting to see it a couple of points better than the 51.3 we saw in June. All that's left after that is the Baker Hughes rig counts, and if so inclined (I won't be), Moody's will be rating Estonia's sov debt, and S&P will be rating Greece's (tin hat for that one).
