For the first time in a week, the "markets" look like the used to...prices in relatively tight ranges and lacking in volatility. Will this continue? Probably not. But it's kind of nice.
As the day begins, the Ukraine Crisis continues but without any urgent headlines. On the economic front, we await the service sector PMIs for February. The Markit number is always released first and it just hit the tape a few moments ago. I'll add the ISM number when it's out.
US Markit Services PMI Feb F: 56.5 (est 56.7; prev 56.7)...
