Good evening,

US indices do not have momentum, oscillating around the parity with the S&P down 6.89 points at 2,010.57 (-0.34%) and the DJIA at 17,123.21 (-0.05%). Crude Oil is more volatile and retraced all its intraday gains: now the commodity is trading at 46.17 $/barrel (-0.81%) after it reached 48.82 at the beginning on the US session.  Chinese imports decreased more than the analysts expected  (-17.7% vs -15% ) and the trade balance soared to +$60.34B.  China has a big impact on commodities trend and the rally on Crude and other commodities that was seen last week needs to rebound on important technical supports to keep positive market sentiment on the short term. A sudden selloff can trigger stop losses and create the conditions for another bearish wave. Gold is unchanged at 1,165.3 and EurUsd is up 24 pips at 1.1382 (+0.21%). GbpUsd is losing 93 pips at 1.5225 (-0.61%) and UsdJpy is down 28 pips at 119.76 (-0.24%). Tomorrow Retail Sales data in US will provide more information regarding the probability of a rate hike in US by the end of the year.

(19:20 GMT)