Sunday, July 3, 2016

TUESDAY 7/5/16; Global Bond Yields at Record Lows; US 10-Year Yield Record Low 1.37-Handle; Yield Curve Flattens; 2-10 Spread Sub 80 Bips; Italian Bank Turmoil; Pound (Sterling) Record Low 1.30%; BOE Carney Cuts Bank Capital Requirements; US Factory Orders; FBI Does Not Recommend Charges Against Hillary Clinton for the Email Scandal; Oil Drops -5%

US stocks reopen for trading later today after the Independence Day holiday. As Aussie and Asian traders rise for Tuesday, American’s continue celebrating Independence Day with fireworks on Monday evening. US futures are buoyant. S&P +2. Dow +7. Nasdaq +3. Philippines, Indonesia, Bangladesh and Pakistan markets are closed today.

[Text is Redacted: Purchase July 2016-07 to Read the Complete Chronology]

Euro 1.1067. Dollar/yen 101.69. Pound 1.3022.

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