Friday 4 December 2015

Pre-Market Brief

Good morning. Equity futures are moderately higher, sp +6pts (ahead of the jobs data), we're set to open at 2055. USD is bouncing, +0.6% in the DXY 98.20s. Metals are broadly flat, whilst Oil is +1.1% ahead of the OPEC announcement.


sp'60min


Summary

Very busy day ahead...

First thought... lets see how the market reacts to the jobs data.
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Overnight Asia action

Japan: -2.2% @ 19505
China: -1.7% @ 3524
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Have a good Friday
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8.31am: net job gains: 211k , headline rate:  5.0%

sp' +8pts... 2057
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Meanwhile, Oil +1.0%, as market awaits OPEC announcement. The default view is that there will be no cuts.