The GBP is the strongest and the JPY is the weakest as the North American session begins
Today, the US will release the next cut for their third-quarter GDP (estimate 2.1% versus 2.1% on the last release. Released at 8:30 AM ET). The Chicago Fed national activity index November will also be released along with existing home sales (6.52 M versus 6.30 M last month (released at 10 AM ET), consumer confidence (10 AM ET) and the weekly crude oil inventory data. The private crude oil data released late yesterday showed a larger than expected decrease in inventories of -3.7 MB. Gasoline inventories did rise by 3.7 MB while distillates fell by -0.8 MB (day to be released at 10:30 AM ET) data.
US stocks are near unchanged levels after yesterday's sharp move higher. Crude oil is trading near unchanged as well. US rates are showing lower rates further out the yield curve. Yesterday the treasury auctioned off $20 billion of 20 year notes with strong demand.
A look at other markets currently shows:
Spot gold is up $4.25 or 0.24% at $1792.68.
Spot silver is up $0.13 or 0.59% at $22.63
WTI crude oil futures are trading near unchanged at $71.15.
Bitcoin is trading at $48,864. The high price reached $49,600 still below the $50,000 level.
A look at the premarket estimates (from the futures) for US stocks shows mixed but modest changes:
Dow industrial average up 46 points
S&P index up 1.27 points
NASDAQ index is down -19 points
In the European equity markets, the major indices are little changed:
German DAX +0.1%
France's CAC, unchanged
UK's FTSE 100 unchanged
Spain's Ibex +0.3%
Italy's FTSE MIB -0.1%
Today, the US will release the next cut for their third-quarter GDP (estimate 2.1% versus 2.1% on the last release. Released at 8:30 AM ET). The Chicago Fed national activity index November will also be released along with existing home sales (6.52 M versus 6.30 M last month (released at 10 AM ET), consumer confidence (10 AM ET) and the weekly crude oil inventory data. The private crude oil data released late yesterday showed a larger than expected decrease in inventories of -3.7 MB. Gasoline inventories did rise by 3.7 MB while distillates fell by -0.8 MB (day to be released at 10:30 AM ET) data.
US stocks are near unchanged levels after yesterday's sharp move higher. Crude oil is trading near unchanged as well. US rates are showing lower rates further out the yield curve. Yesterday the treasury auctioned off $20 billion of 20 year notes with strong demand.
A look at other markets currently shows:
Spot gold is up $4.25 or 0.24% at $1792.68.
Spot silver is up $0.13 or 0.59% at $22.63
WTI crude oil futures are trading near unchanged at $71.15.
Bitcoin is trading at $48,864. The high price reached $49,600 still below the $50,000 level.
A look at the premarket estimates (from the futures) for US stocks shows mixed but modest changes:
Dow industrial average up 46 points
S&P index up 1.27 points
NASDAQ index is down -19 points
In the European equity markets, the major indices are little changed:
German DAX +0.1%
France's CAC, unchanged
UK's FTSE 100 unchanged
Spain's Ibex +0.3%
Italy's FTSE MIB -0.1%
