Morning Note | November 18, 2021

Good Morning!

Futures are up slightly ahead of some key Fed regional activity releases. WTI is lower as the market braces for potential SPR releases; 78.50 viewed as key support level for Brent. US is asking multiple countries to release reserves; China already in motion. 10Y yield is higher but still below 1.60%. Commodities weaker but Agsup. Biden, AML…