Quant Report for 2010-05-07

Updated 6am EST - Global equity markets continue to sell off while US equity futures are slightly higher ahead of the US open. US treasuries are coming off of 2010 highs. Gold is testing this year's highest levels as well indicating flight to quality continuing. Crude is holding steady after a 3 day sell off just below the $78/barrel level. In the currency markets, the British pound is selling off hard and is considerably lower against the majors. US employment figures are due out at 8:30am EST.