Good morning traders,

Markets are mixed ahead of a barrage of economic data this morning.  Significant potential market-movers are due out at 8:30, 9:15, 9:55 and 10:00, so pay attention. Asia mixed (S Korea +1%, China -1.7% after raising reserve requirements again), Europe down across the board, and South Pacific mixed.

Big moves in currencies this morning as the AUD sells off against everything else.  AUDJPY -1% (=-2.5 stdevs), AUDUSD -1.1%, etc.  Net impact on the US Dollar index is slightly positive this morning, but this comes after a strong selloff this week.

Precious metals are down significantly.  This week has been an attempt for the complex to rally, and it has (led by Platinum)… but Gold and Silver never really picked up the strength.  There could be a significant flush if these markets hit stops and buyers run for the exits.  Keep these on your radar screen today.

A few pieces of news put JPM and CSTR obviously to the front of the line as candidates for daytraders.  Beyond that, continue to watch Financials, Industrials and Energy for movers throughout the day.

I may be out of touch and not tweet the in play list this morning.  Apologies in advance if this happens.