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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: Equities Climbing Ahead of Soft Schedule
Relative to how busy this week is, Tuesday’s economic calendar is pretty slow. Aside from the weekly retail sales surveys, no major economic data will be released, but the afternoon features two speeches from the Federal Reserve.
90 minutes before the opening bell, equity markets are clearly looking for a positive open. The Dow looks to open 53 points higher at 10,438 and futures on the S&P 500 are up 6.30 points to 1,120.90.
NYMEX crude oil futures contracts are up 63 cents to $79.33 and Gold is up $5.20 to $1,123.50.
Key Events Today:
1:00 ― Eric Rosengren, president of the Boston Fed, speaks at a conference on post-crisis capital markets in Philadelphia.
2:00 ― Naranyana Kocherlakota (non-voter), president of the Minneapolis Fed, speaks to the Allied Executives Business & Economic Outlook Symposium in Minneapolis.
Treasury Auctions:
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The Day Ahead: Equities Climbing Ahead of Soft Schedule
Relative to how busy this week is, Tuesday’s economic calendar is pretty slow. Aside from the weekly retail sales surveys, no major economic data will be released, but the afternoon features two speeches from the Federal Reserve.
90 minutes before the opening bell, equity markets are clearly looking for a positive open. The Dow looks to open 53 points higher at 10,438 and futures on the S&P 500 are up 6.30 points to 1,120.90.
NYMEX crude oil futures contracts are up 63 cents to $79.33 and Gold is up $5.20 to $1,123.50.
Key Events Today:
1:00 ― Eric Rosengren, president of the Boston Fed, speaks at a conference on post-crisis capital markets in Philadelphia.
2:00 ― Naranyana Kocherlakota (non-voter), president of the Minneapolis Fed, speaks to the Allied Executives Business & Economic Outlook Symposium in Minneapolis.
Treasury Auctions:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.