Market update

Still  a weak “Risk on” For markets as Impact of  positive GDP and ADP are still lingering. Spoos +3 handles  Nasdaq +31.We do  see yield curve  trading flatter here as  Short term Yields trade higher  and  long term yields  are Steady to lower.December rate hike probabilities are 4% higher than yesterdays close they stand  at 33%.Most of Volume today is roll related as We find Dec and September with roughly an equal tally of today’s activity. A flatter Yield curve could be Aussie Dollar and New Zealand dollar being sold   here as Aussie failed to trade above 80 handle.   Dollar +57 ticks as Market is starting to price a Strong payrolls number and Month end activity

The Trade related to Hurricane Harvey has quieted down as rains have moved on .Rbob expiration tomorrow could be exciting.

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