* MARKET THEMES FROM WEDNESDAY - Rise during early on merchandise fades, keeping us inwards trading range; fossil oil cruel during the session; U.S. dollar strengthened; aureate tailed off afterward early on strength; 10-year Treasury rates fell. Energy, materials, banking shares weak; consumer staples, modest caps strong. Nice origin for daily marketplace wrap.
* OVERSEAS/OVERNIGHT NUMBERS - 4:00 AM CT - EU: PPI, Unemployment; 6:45 AM CT - EU: ECB charge per unit of measurement decision.
* WORTH READING:
-- Correlations with property classes demo major herd trading patterns;
-- Insights from Barry Ritholtz; splendid interview;
-- Thanks to Gustavo for latest translations of posts into Portuguese; he besides documents daytrades inwards Forex inwards English linguistic communication language posts.
-- Nice trading site that looks at marketplace regimes in addition to patterns with other things;
-- "We're shoveling coin at companies"; credit markets similar firms amend than stock traders;
-- Why expansion of Fed relaxation sail is non currently inflationary;
-- Three potential pitfalls inwards the economical rebuilding: higher inflation, weaker dollar, in addition to rise involvement rates.
4:53 AM CT - I've added the nautical chart inwards a higher house to demo the multi-day trading hit for the S&P 500 e-mini (ES) contract going into the 6:45 AM CT ECB statement in addition to the 7:30 AM CT unemployment numbers inwards the US. We're coming upward to a long vacation weekend, thence merchandise could tedious notably afterward the morn numbers. See recent Twitter post for listing of numbers, indicators, in addition to pin targets.
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