Paris is shaking up markets pretty modestly at this point. The Aussie dollar has gapped lower one third of a cent:
Bonds have had some sense knocked into them pricing out rate hikes:
Oil is up only very marginally:
S&P500 futures are selling but not decisively:
Big iron is being sold again with BHP down -1%, RIO down -2% and FMG down -1.3%:
But big gas is being pounded with WPL down-1.25% and threatening technical breakdown as the press reports its ready to bid more for OSH which is itself down -0.7%, STO is down -2.27% and falling towards the abyss, so is ORG down -4.2% and and in the mid $4s, LNG is holding up for no apparent reason, up 8%, perhaps not actually having an LNG plant at this point is seen as value-adding:
The broader market is working hard to hold 5000:
Really, not much different to what we might have seen without Paris.
