Futures vs Fair Value

S&P futures vs fair value: +11.70 at 951.30. NASDAQ +11.75 at 1512.50. The futures are showing an impressive movement in the pre-market on Wednesday.

The U.S. international trade gap widened in March from $26.1 billion deficit to $27.6 billion deficit. The cause was not due to the rising imports but deteriorating exports, down 2.4%. Imports slid as well, down 1%.

We will see a movement in the U.S. Dollar today since it is very sensitive to changes in the trade.