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