Overnight and early morning data releases show a generally mixed overall macro setup that we’ll tackle in this week’s macro update. 

In the meantime, here are your morning numbers followed by a telling technical market update that I shot last night:

Asian equities were mixed overnight, with 8 of the 16 markets we track closing lower.

Europe’s leaning slightly green this morning, with 10 of the 19 bourses we follow trading higher, as I type.

US major averages (per the 2-hour SP500 chart featured in last night’s video), save for the Nasdaq 100, are struggling to start the day: Dow down 122 points (0.34%), SP500 down 0.20%, SP500 Equal Weight down 0.54%, Nasdaq 100 up 0.10%, Nasdaq Comp down 0.19%, Russell 2000 down 1.06%.

The VIX is reflecting a little angst this morning, +2.87%.

Oil futures are down 1.34%, gold’s up 0,82%, silver’s up 1.31%, copper futures are down 1.36% and the ag complex is up 0.98%.

The 10-year treasury is up (yield down) and the dollar is flat.

Led by uranium miners, Nokia, MP (rare earth miner), silver and ag futures — but dragged by banks, oil services stocks, Latin American equities, Asia-Pac equities and industrial stocks — our core mix is off 0.03% to start the session.

Technical Market Update: Stocks, Silver, etc.

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