Please enable javascript in your browser to view this site!

Lift in Metals worth watching, as appetite from China could grow- Better than expected GDP

good am-   Fractional gains from US and from Europe while most of Asia also finished positive despite Shanghai Comp down after China's GDP came in bettter then expected..but President XI talked about Central banks playing a bigger role in defending against risks..  Bonds marginally higher across the board this am, but the big move comes from the Metals where Iron Ore, Zinc, steel rebar and precious metals all quite positive- This week we see Thursday BOJ and ECB meetings, Australian central bank meeting Tuesday and BREXIT round 2 talks kick off, which could be putting some pressure on Pound sterling this am-   TREND For S&P remains quite positive, and pullbacks should be used to buy, with upside targets at 2470-5 and dips to 2442 used to buy-  PreMkt movers: ACRX, APRN, BAH, BGC higher-  and Lower: BLK, BK, TXMD- Let me know if you have any questions-  Thanks

 

 Copper making meaingful move

Copper making meaingful move