Loading ...A little ugly out in the commodity arena with exception of energy, which are up a few cents. Hard & soft commodities are down across the board, copper is flat, wheat is up a fraction.
USD is up almost .25%, pm’s are down almost 1%. Gold back below $2K. Looks like London is trying to set the table for the Crimex. Bloomberg says gold is down because of “hawkish Fed speak”. Right, got it.
Rates are up a bip and a half, to 3.55% SM is down a smidge, more like flat. Bitcoin down $80.
Too early to get a read on the shares, but I’d expect a lot of red. Still, I’m not sure we won’t stage another comeback.
edit: rates and the USD coming back in. Hasn’t helped the metals just yet, but it will.