The SPX sits about 2 points lower than Thursdays close on the S&P 500 (as of 8:45am EST). Not much on the economic calendar today other the CAD GDP m/m (0.4% actual vs. 0.3% expected). NFP’s are scheduled for next week along with US Unemployment rate.
The EUR/USD had a pullback this morning and is now hovering just above the 1.32 area. If declines can break 1.32, we could see consolidation at 1.3160.Equities are still propped up along with commodities, so be careful if looking to short this pair, we could see buyers come in at the US open.
