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Re: iconoclassic post# 361460

Tuesday, 04/15/2014 9:01:04 AM

Tuesday, April 15, 2014 9:01:04 AM

Post# of 376163
S&P futures vs fair value: +3.90. Nasdaq futures vs fair value: +13.00.
The S&P 500 futures trade four points above fair value.

Asian markets ended on a mixed note with markets in China (-1.4%) and Hong Kong (-1.6%) underperforming after an NDRC researcher said China's first quarter GDP (to be released this evening) is likely to miss to the 7.5% target. Also of note, the minutes from the latest RBA meeting maintained their neutral stance, reiterating that a period of stable rates is a prudent approach.



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