On Wall Street Trading Desks, Here's What They're Chatting About Today

London Trading Floor Bankers Traders

Photo: Peter Macdiarmid/Getty

Good morning!Dave Lutz of Stifel, Nicolaus passes along the top stories that people are talking about today.

We summarize in bullets.

  • Markets not really going anywhere, except in China, where markets soared thanks to better-than-expected industrial profits.
  • In the meantime, the S&P 500 is on an 8-day win-streak.
  • Shinzo Abe gives speech about the 2% inflation target.
  • Swiss Ministers say strong Franc is still a concern.
  • Fed like to keep the monetary “spigot” open this week, according to WSJ’s Jon Hilsenrath.
  • Hedge funds increase commodity long bets at the fastest pace in 6 months.
  • The lockstep moves in global stocks are breaking down.
  • More signs of housing recovery: Sales of air conditioners/furniture/etc. are growing.

For more on what’s going on this morning, see the 10 things you need to know >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.