Pre-Market Wedindicators

Good Morning NY.

  • EURUSD is down – 0.5%
  • Europe: CAC40 + 0.58% FTSE – 0.33%
  • Gold Futures (GC)  are down – 0.72%
  • S&P Futures (ES) are down – 0.33%
  • Oil Futures (CL) are d0wn – 0.50%
I find this divergence with the CAC40/EURUSD and the S&P Futures odd. This is a divergence worth trading.

On tap this morning:

Housing Starts, Building Permits, Crude Inventories, Fed’s Beige book