FRIDAY 3/13/15; Friday the 13th; Russia President Putin Disappearance; ANN; RGEN; PPI (Producer Price Index); Consumer Sentiment; US Stocks Selloff

Asian indexes are off to a mixed start with the NIKK up over +1% and SPASX200 down. At 9:30 PM EST Thursday evening in the States (10:30 AM Tokyo time), US futures are slightly higher. S&P +2. Dow +20. Nasdaq +5. The euro is 1.0613 using 1.06 as support after the 1.04 handle briefly printed yesterday. Dollar/yen 121.43. Pound 1.4877. Aussie dollar 0.7697.

WTIC oil 47.26. Brent oil 57.35. Natty gas is 2.74 continuing to drop after the inventory numbers. Gold 1158. Silver 15.62. Copper is up +0.7% to 2.677 which will help create lift in global stock markets.

US Treasury yields are; 2-year 0.66%, 5-year 1.59%, 10-year 2.12%, 30-year 2.70%.

The NIKK ends the session above 










[Text is Redacted: Purchase March 2015-03 to Read the Complete Chronology]

The Fed desires to raise rates due to an improving job picture but cannot raise rates since deflation is running rampant in the US and is being imported from Europe. Further, wage inflation is not occurring which maintains the disinflationary and deflationary forces in the US. The Fed is between a rock and a hard place and must provide a decision on Wednesday. Housing Starts are released on Tuesday and OpEx quadruple witching occurs on Friday.