Pre Market Look at the S&P Futures –
|5 min ES|
The S&P and Nasdaq futures are indicating a slightly higher open (+.15%) this morning as the ECB promised more liquidity to their members.
|5 min NQ|
Commodity markets showed risk is bid once again overnight following the equity index’s lead, with crude oil futures regaining quite a bit of ground lost yesterday afternoon; trading as high as 107.40 before relenting a bit.
Both gold and silver reacted to the ECB news, whipsawing up and down; gold rallied into 1792.2 before finding footing around the 1788 level.