The Fuse
Equity futures are rallying smartly this morning, trying to pile onto Tuesday’s gains. Markets are still down for the week but there is plenty of time to catch up. NVIDIA earnings tonight will be watched closely.
Following strong gains in the US the European markets pushed higher as well, strong gains in FTSE, up .8% while the STOXX was higher by .3% led by gains in France and Germany. Gold is higher and trading above 5,200 again while silver has hit $90 per ounce. Crude oil is inching higher. US dollar index was down .1%. Yields are rising, German bunds up 1bp while 10 yr US treasury yields higher by the same. Japan had strong gains overnight, the Nikkei up 2.2% while Hong Kong and Shanghai both up by .7%.
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