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Thursday 25 June Open

Asia had a good day, Hong Kong up 2%, Australia up 1%,  and Japan up 2%.

Europe is down around 40 to 50 bips (one half of one percent) and the overnight trading in S&P 500 is up half a percent.

The economic numbers that come out this morning at 8:30 EST are final revision for first quarter GDP, expected to be -5.7% annualized and initial jobless claims, expected to be 600K.

We’ll see how Globex responds to the numbers to get an idea of the tone of the opening.

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