Quant Report for 2010-03-16

Updated 6am EST - European equity markets are all in positive territory across the board. US equity futures are trading higher ahead of the US open. Commodities are generally mixed on the session. Gold is recovering from last week's losses. Crude is relatively unchanged after yesterday's decline, trading just below the $80/barrel level. In the currency markets, the commodity currencies (Australian dollar, Canadian dollar) and the British pound are a little stronger while the weakest currency so far is the Japanese yen. The markets will be focused on the FOMC statement due out at 2:15pm EST.