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Nasdaq 100 futures pare losses ahead of Retail Sales data

The US equity market futures are off their lowest levels of the morning now ahead of the US retail sales data release, at 1.30pm GMT. Earlier the Nasdaq 100 futures were pricing a reopening as low as 16,680. They have now bounced to price that close to 16,750. That bounce has come despite no real change in the US treasury yields just now. Of course the opening outlook could change in either direction, depending on what that sales data reveals. Meantime, the Pound and the dollar remain elevated, but with both below their earlier session highs. The Nasdaq 100 is currently priced to reopen at around 16,745 
 

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