There is nothing that particularly stands out about the overnight session.

Equity Bond spreads seem range bound between some mvg averages.

They’re not going to stay here, but that could take a couple of days to play out.

A little patience will be required for New York traders to come in for direction.

The past couple of weeks trading has been relatively subdued going into the U.S. opening, when new capital flows established early direction.

GBP/JPY…The Pound was the whipping boy on the crosses last night.

The spread hitting its 200 DMA warrants caution for Pound bears.