Futures Open At All Time Highs

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This evening we saw the S&P 500 futures (Chart) opened at all-time highs of 2,970.0 and is currently trading at 2,965.5 after positive news with the Chinese trade deal from the G20 summit over the weekend. We have also seen the dollar jump at open on the news and USD/JPY (Chart) is trading up .35% at 108.27 at the moment.

This news (on Chinese deal) is very positive for the dollar, but the market is still awaiting the US/China Manufacturing data tomorrow, AUD interest rate decision on Tuesday (est 1.00% vs 1.25% prior), and US/CA employment data.


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