JonesTrading’s Dave Lutz has what traders are chatting about right now. Good Morning! US Futures are jumping nearly 1% following strong European market action – More hopes that Crude is in a bottoming process helping sentiment, Very Dovish Evans comments overnight (No hikes till ’16 – voter), Ukraine Credit Guarantees from Germany, and ECB QE hopes all factors in the move higher. The DAX and FTSE are up just under 2%, in slightly heavier volume, led by a 2% pop in Materials stocks. While Greek yields are in 20bp on the soothing Merkel comments yesterday, …read more
Source: Business Insider
