Initial Asian PMIs looked good and sent futures higher, but European PMMI's missed, notably in Germany and France with Eurozone Composite PMI's missing with Manufacturing at 51.9 vs. consensus of 52.2 abd Services at 52.8 on consensus of 53.2 sending futures back lower after initial Asian exuberance.
The US reports just after the open at 9:30.
Crude was moving up as ISIS was taken over more territory along Iraq borders, also executing the judge who sentenced Saddam Hussein to death, however in early pre-market oil prices have been fading, however treasuries are gaining pretty much across the spectrum, sending yields lower...see 10-Year Yield (Bemchmark) vs. the Market
As for the Calendar for US Macro data this week,
As I said in Friday's Market Wrap, I'll be very interested to see if there's more unusual activity in Treasuries/yields as well as VIX.
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