Outlook 06/29

Context: Global government bond prices are slumping for a third day, while the dollar fell against several developed-market currencies, as investors continue to digest messages signaling the end of easy-money policies. The U.S. Commerce Department's final estimate of Q1 GDP is expected to show the economy growing at a 1.2% annualized rate.

For the first time in seven years, the Federal Reserve did not object to any of the capital plans of the 34 banks it reviewed in the second part of the annual CCAR tests implemented in the wake of the financial crisis.

Plan: Yesterday closed bullish and overnight profile is balanced. We´re opening within yesterday's value so first idea is to be a seller below yesterday YVAH towards LVNs 2436-2434 and 2425. If market fails at YVAH, I become a buyer towards ATH 2451.50

Today's Economic Calendar

9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Fed's Bullard
3:00 PM Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

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