The major US equity averages are now being called to open basically flat or slightly in the red.

That ahead of this evening's votes in the US House of Republicans and Senate on a proposed temporary increase in the federal debt ceiling.

Holding stocks higher are the positive results out overnight from the likes of Google and IBM. The initial reaction to Mc.Donald's quarterly results has also been positive.

US house prices rose by 0.6% month-on-month in November, according to the latest FHFA numbers.

Apple is due to report after the close of trading.

Front month West Texas crude futures are now falling by 0.40 dollars to the 96,20 dollar per barrel level on the NYMEX.

10 year US Treasury yields are now down by 2 basis points to the 1.82% mark.

AB

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