NewsWare’s Trade Talk: Wednesday, October 4

S&P Futures are flat tohigher this morning. The market has plenty of possible catalysts today including economic reports and Fed Speak. The recent strong gains in the dollar are likely to become sticky as bond yields continue to trade higher. Markets are likely to experienced sluggish trading today as the elevated cost for capital is at its higher level in years. In Europe, stocks mostly higher this morning. Oil futures are down over 1.5% ahead of the OPEC meeting this week.