This email was sent to you by: Anonymous |
|
Mortgage News Daily
|
Message: YOUR MESSAGE HERE |
Email alerts, such as this one, are a
free service provided by Mortgage News Daily. If you would like to receive an alert when important news breaks please
register to join our community.
Register with Mortgage News Daily - Registration is free and offers many benefits.
Manage your Email Alerts - Once you're registered, you can manage all MND email alerts on one page, turning subscriptions on or off with one click.
About MND:
Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.
The Day Ahead: Stock Markets Reversing Course?
Stock markets may be reversing course after investors pushed down the Dow by 1.04% yesterday. Increased speculation that the European Union may bail out Greece is giving traders some optimism on what otherwise could be a slow day in news.
One hour before the opening bell, the Dow is looking to open 66 points to 9,961 while futures on the S&P 500 Futures are up 9.10 points to 1,065.
In another sign that risk may be back on the table, Crude oil is up 98 cents to $72.87 per barrel and Gold is trading $11.90 higher at $1,078.10. The US dollar, meanwhile, is trading lower.
There’s not much in data that could sway markets one way or the other today. The only significant release is Wholesale Inventories, in addition to three auctions from the Treasury.
Key Events Today:
10:00 ― After climbing 1.5% in November, Wholesale Inventories are expected to maintain the direction but not the speed in December. Economists expect to see inventories move up 0.5% in the month and then continue to build in the coming months.
“Headline sales and inventories have been boosted by rising prices for energy and farm products, but these effects should be smaller in December,” added Ian Shepherdson from HFE.
Treasury Auctions:
- 11:30 ― 4-Week Bills
- 11:30 ― 52-Week Bills
- 1:00 ― 3-Year Notes
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.
This email was sent to you by:
|
Mortgage News Daily
|
|
Anonymous Anonymous |
|
Message:
YOUR MESSAGE HERE
The Day Ahead: Stock Markets Reversing Course?
Stock markets may be reversing course after investors pushed down the Dow by 1.04% yesterday. Increased speculation that the European Union may bail out Greece is giving traders some optimism on what otherwise could be a slow day in news.
One hour before the opening bell, the Dow is looking to open 66 points to 9,961 while futures on the S&P 500 Futures are up 9.10 points to 1,065.
In another sign that risk may be back on the table, Crude oil is up 98 cents to $72.87 per barrel and Gold is trading $11.90 higher at $1,078.10. The US dollar, meanwhile, is trading lower.
There’s not much in data that could sway markets one way or the other today. The only significant release is Wholesale Inventories, in addition to three auctions from the Treasury.
Key Events Today:
10:00 ― After climbing 1.5% in November, Wholesale Inventories are expected to maintain the direction but not the speed in December. Economists expect to see inventories move up 0.5% in the month and then continue to build in the coming months.
“Headline sales and inventories have been boosted by rising prices for energy and farm products, but these effects should be smaller in December,” added Ian Shepherdson from HFE.
Treasury Auctions:
- 11:30 ― 4-Week Bills
- 11:30 ― 52-Week Bills
- 1:00 ― 3-Year Notes
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.