The cash markets are opening slightly lower, down about 0.2%. The futures implied a weaker open than we have seen…Fear of tighter Chinese monetary policy is the latest cause for concern…
We continue to struggle below the 1150 level in the S&P; volume remains anemic as well…
EUR/USD is consolidating in the lower end of its range but is busy going no where fast at the moment…We trade at 1.3639.
