PRE OPEN LOOK

Highlights this morning; we find oil trying to bust through the 70 level , gold(600 in the rear view mirror) and silver a teenager (13+) all ripping higher on the talk of more global (Iran) tensions. The futures are pointing to a flat open on the equity markets and the 10 year Bond is now trading down to 5.02%.

INFY reported good numbers last Friday and the Indian outsourcing stocks are higher off the good news. SAY +4.3%, INFY+5.4% and CTSH+2.3%.