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Futures Up in the Pre Market Ahead of Slew of Data Today

Morning Notes
-Overseas markets were mixed, but generally positive
-Nikkei was down, but probably just in “catch up” mode as they were closed yesterday when the N.Korea news came out
-Kospi, which was also closed by the time the news came out, closed down just 15bps, well off its lows as it did drop 2%
-Ireland’s debt rating lowered by S&P, though this was expected for the most part
-German IFO number (measures business confidence) came in better than exp.
-Weak euro would help German exporters
-Irish, Spanish, Greek, and Portuguese yields continued to increase
-As tomorrow is a holiday, Jobless Claims are out today @ 8:30a EST
-A lot of data out today: Durable Goods, Personal Spending, and PCE @ 8:30a; UMich Confidence @ 9:55a; House Price Idx and New Home Sales @ 10a
-7-yr auction out as well today @ 1p
-Ahead of 8:30a slew of data, S&P futures are up about 4 handles from FV, technically on the R3 sell pivot signal

Disclosure: none