Netflix up as they increase costs for To $13 from $11
The US shares are opening with modest good points. The snapshot of early buying and selling is displaying:
The S&P index, up three.6 poinits or zero.12%The Nasdaq up 25.eight factors ir +zero.37%The Dow is up 7 factors or zero.04%
Netflix is up close to 5% on the again of the information that they are going to increase costs for subscribers within the US to $13 from $11. They cite greater prices for the rise.
Within the US debt market, the yield curve is steeper with the quick finish yield down and the 30 yr yield up a contact.
2 yr notes 2.518%, -1.6 foundation factors10 yr notes 2.688%, -1.four foundation factors30 yr bonds three.058, +zero.5 foundation factors
In different markets:
spot gold plus $1.45 or zero.11% at $1293WTI crude oil futures up $1.18 or 2.34% at $51.67. The low corrective value couldn’t get beneath the $50 stage in buying and selling yesterday or as we speak. The low as we speak attain $50.64
The USD has weakened a bit after the weaker knowledge as we speak, however stays combined. The CAD remains to be the strongest of the majors and the CHF remains to be the weakest.
ECB Draghi speaks at 1500 GMT/10 AM ETFed’s Kashkari speakes at 1630 GMT/11:30 AM ETFed’s George speaks at 1800 GMT/1 PM ETFed’s Kaplan speaks at 1800 GMT/1 PM ET