We've got a number of events we need to navigate our way through today. From month end LBMA pricing to CGP on Capitol Hill and all sorts of stuff in between. The good news? So far we're doing OK.
So what has taken place thus far today. First, there have been two key US economic datapoints...the always-squirmy Consumer Confidence and the much more significant Chicago Purchasing Managers Index. Ignore the CC and focus on the PMI: