Tuesday, January 2, 2007

Evening State of Play

Stock futures are bid up sharply tonight. It looks like Wall Street will participate strongly in the overseas round of stock buying seen earlier in the the day. Global liquidity continues to be a wonderful thing for the equities bulls. Dow futures are up 70 points.

The dollar got slapped around earlier in the day and off to an ugly start for the year and is little changed tonight against the Euro. Read The DailyFX Summary Here. DailyFX notes two important economic figures tomorrow, the ADP Employment report at 8:15 ET and ISM at 10 ET.

Gold/silver as note below, higher.

No comments: