Rebounds on the back of the GOP tax bill passing the Senate

The S&P e-mini futures contract is opening up about 0.60% on the back of the GOP tax bill passing the Senate. The S&P futures closed on Friday at 2643.90 down -0.15% on the day.

Meanwhile,

  • the Australian S&P/ASX 200 index is up 0.07% at 5994.10 in early trading.
  • The US 10 year treasury futures are opening lower on the tax news
  • Spot gold is lower by -$6.80 or -0.52% at $1273.75. The precious metal is lower, probably more on the Flynn news that he was ordered by Trump to speak to Russia after the election - not before as reported by ABC News on Friday.