Weak China Trade Numbers Crush Commodities

Overnight, China reported disappointing export (-14.5% vs street -12.5%), and import (-12.4% vs street -5.0%), suggesting continued soft economic conditions and sending shockwaves through world markets. With investors reassessing their outlook for resource demand, commodities are getting hammered this morning,

Stocks Struggle With Expectations; Commodities Rebound

US earnings season has been off to a strong start but that may be changing this morning with NASDAQ futures down 0.6% and Dow Futures up 0.1%. Up to this point, the earnings calendar had been dominated by the Financials