...and Clemson is the National Champs
In addition to having a son as a college football coach, my wife and I also went to Clemson University. Understanding that many of our readers live outside the borders of the US and view football as a sport where you kick a ball predominantly vs. throw and run it, I can officially inform you that Clemson won the National Championship last night with a resounding victory over Alabama. Go Tigers!
Adam was kind enough to offer a delayed opening for myself today. Thanks Adam....I guess I can also thank the government for the shut down too.
Anyway, the snapshot this morning is showing the USD is the strongest. The NZD is the weakest. The data in Europe/Germany was not great. Technically, the EURUSD - after testing the 100 day MA yesterday in a trend move higher - lost the mojo in the Asian session and has stumbled back lower (with ups and downs in the European session). The NZDUSD has just been steadily moving lower.
The ranges are modest in relation to the 22 day averages (red line in the lower chart below). The EURUSD, GBPUSD, USDCHF and NZDUSD are trading at the day's extremes however.
- Spot gold is down -$8.60 or -0.66% at $1280
- WTI crude is up $0.84 or 1.73% at $49.35
US stocks are set to open higher with futures implying:
- S&P up 25 points
- Nasdaq up 64 points
- Dow up 250 points.
US yields have the shorter end up while the longer end is near unchanged or down.
Did I say "Go Tigers"?
Go Tigers!