WTI crude up 68-cents to $64.61Bonds closedS&P 500 futures up 0.2%Gold up $30 to $3476GBP leads, JPY lags
The US/Canadian holiday kept a lid on trading on Monday, though the market did have to react to a US court blocking Trump's tariffs. The reaction so far suggests the market is taking a 'wait and see' approach as it will work its way though the courts.
The standout performer of the day was precious metals, with silver particularly strong and rising to the highest in 14 years. Gold also gained for the fifth day and is just $25 from the all-time record set earlier this year.
News flow was light as you would expect on the holiday but Trump tweeted about Covid vaccines and the trading relationship with India. Neither could be seen as a market mover and there are some murmurs about his health as he keeps an unusually low profile.
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