US markets – early-week opening indications (equities, oil both higher)

I posted early forex rates here a good few hours ago:

and then an update:

Other markets finally getting their *** into gear and opening now:

  • S&P500 emini futures (Globex trade) opening up more than half a percent
  • Oil futures up very small too (brent +0.1%)
  • UST note futures down 2/32
  • gold down a few dollars, circa 1343-odd as I update (chopping around the big figure)

In my earlier post I wrote:

Long story short is the impact of the US, UK & France air
strikes on Syria over the weekend on rates has been very limited –
likely accounted for by:

  • The passage of time (nearly 48 hours … an eternity in markets it seems)
  • And the ‘limited’ and a ‘one-time shot’ (US description of the strikes) nature of the strikes
  • the extended build up of expectations (and therefore currency hedges/positioning) in the week prior 

More of the same happening now 

ps. FX update, little change 

  • EUR/USD 1.2332
  • USD/JPY 107.52
  • GBP/USD 1.4239
  • USD/CHF 0.9628
  • USD/CAD 1.2601
  • AUD/USD 0.7768 
  • NZD/USD 0.7352
  • Going into the day ahead – focus off Syria for now and onto trade issues, US politics (DOJ investigations).

    And, as I update …. oil prices down now   

    Disclaimer would like to remind you that all opinions expressed at are those of the individual authors and do not necessarily represent the opinion of or its management. has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

    Leave A Reply

    Your email address will not be published.