Currently flat to slightly higher.
GBP at 30-year lows. Italy issues a 50-year bond that is nearly 4X over-subscribed. A $5.5 billion buyout in the leisure industry as Bass Pro Shops takes over Cabela's. Manhattan Apartment Sales Plunge 20%. Green across Asia and Europe.
And tucked away from all this, Richmond Fed president Lacker wants the Fed to be "preemptive" just like it was in 1994 when it shocked markets.
Favorite headline of the day?
World Leaders at IMF Meeting Face Existential Threat to World Order
USD strength could become a story today.
Volume quickly drying up as prices decline.
WTI crude new high yesterday. API inventories after the close today. NG trying to firm.
Gold hammered along with silver, platinum, palladium, and copper.
Low volume crept into equities as well, as yesterday's decline was on very muted participation -- a rare feat in this convoluted market.
"The 2177 area and the 2181.30 gap continue to be valid targets, as does the 2094.55-2103.25 zone.
Everything else in between feels like a chop fest."