* MARKET THEMES FROM TUESDAY: We moved to a higher house the Mon highs inwards early on trade, solely to live on smacked downwardly yesteryear weak consumer confidence data. Although nosotros retraced much of the breakout motion from Monday, nosotros remained to a higher house the old resistance inwards the upper 1040s inwards the ES contract. Weakness belatedly inwards the session was non confirmed yesteryear the intraday advance-decline line, which was balanced betwixt gainers together with losers for well-nigh of the afternoon. As long equally nosotros rest to a higher house that fundamental back upward area, I'm viewing today's activity equally a attain saltation consolidation of yesterday's gains. The USA dollar unopen off its recent highs, peculiarly versus the Aussie dollar; gilded together with stone oil remained inwards tight ranges; spell 10-year Treasury yields continued to drop.
* OVERSEAS/OVERNIGHT NUMBERS: Lots of information overseas. 1:45 AM CT - France, PPI; 2:50 AM CT - Germany, unemployment; 3:00 AM CT - Italy, PPI; 4:00 AM CT - Italy, CPI; EU, consumer prices; 7:30 AM CT - Canada, PPI, GDP; 6:50 PM CT - Japan, retail sales, Tankan surveys. Earnings reports scheduled for Midweek more proficient reading;
-- Betting on Excellent look at ETFs together with the dollar/stock relationship;
-- Cyclicals anticipating a V-shaped recovery?
-- Pain for Excellent review of economical reports from concluding calendar week together with expectations for this week.
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