|Day's range||5,249.33 - 5,306.07|
|52-week range||4,555.99 - 5,672.77|
Trade war chatter influenced a busy week on the economic data front. Stats out of the U.S and UK impressed, while the EUR took a beating.
Economic data out of China fails to impress early. With trade tensions easing, Germany’s GDP numbers could upset the markets later this morning…
Geopolitics, the Yuan and a string of key stats may test risk sentiment further in the week ahead, which would support the central bank doves…
A string of weak economic data and an escalation in the U.S – China trade war drove the majors, which also led to a surprise move by the RBNZ.
Can the rebound continue? Trump Twitter account will need to remain on the quieter side later on in the day to let the numbers do the talking…
It’s data light, with the ECB Economic Bulletin the only market driver from the Eurozone. China trade data and geopolitics will drive the majors today.
Following 3 consecutive days in the red, the European majors may find support early on, though earnings and German data could spoil any chance of a rebound.
Can the markets look beyond Twitter to focus on the stats, or will trade war chatter continue to pressure the majors on the day ahead?
The futures are signaling a sharp tumble as investors react to Trump’s latest tariff threat. Today’s stats may well be brushed aside…
A lack of stats out of the Eurozone and the U.S leaves the majors exposed to geopolitical risk on the day. There’s plenty for the markets to keep an eye on…
It’s a big week ahead for the markets. Earnings, economic data, Iran, trade war chatter, and the ECB are all in focus.
The major U.S. stock indexes are expected to open higher based on the pre-market futures trade, however, the markets are retreating from early highs. Buyers came in early, following through to the upside after Thursday’s late rally, but gains were dampened after a New York Fed spokesperson downplayed the chances of an aggressive rate cut.
While economic data out of China came in better than expected this morning, a lack of stats will leave the European majors in the hands of Oval Office Chatter.
It’s a big week ahead, with key stats, corporate earnings, and geopolitical risk to provide the majors with direction through the week.