Emerging Market Update: Futures are slightly higher as Chinese economic data was mixed but didn’t contain any negative surprises, today focus will be on economic data, and specifically the Retail Sales report (E: 0.4%), as strong consumer spending remains a critical part of U.S. economic growth and more.
Futures are slightly higher as China confirmed new U.S./China trade talks, economically, Japanese Machine Orders beat estimates, today the most important event is the Turkish Central Bank (TCB) decision, bottom line, U.S./China trade relations is more important than Turkey’s growing currency crisis, and more.
Questions on banks: There were no material macro developments leaving US futures, the dollar, and global shares little changed overnight, investors were hoping to see better economic data in Europe rally, focus will likely remain on US tech shares and any trade developments and more.
Another Breaker Tripped: Futures are modestly lower, today will be quiet from an economic standpoint, with tech shares showing signs of stabilizing so far this week, focus will remain on trade, emerging market currencies, and the dollar today and more.
The Key Event This Week: Futures are modestly higher, Chinese August exports beat expectations, Friday afternoon President Trump again threatened to tax all Chinese exports to the U.S., and more.
Tariff Preview: Futures are modestly lower, the WSJ published a trade article that implied the chances of a near term U.S./China deal, economic data was mixed as German Industrial Production missed estimates, today focus will be on the jobs report,and more.
Jobs Report Preview: Futures are slightly higher, there was no new trade news overnight, economically the only notable report was German Manufacturers’ Orders, today markets will be watching the news wires for any tariff related headlines and more.
Futures are down roughly 10 points, the dollar is modestly higher, and international markets were broadly lower o/n amid fresh trade angst and concerns that the Chinese economy may be slowing, today, investor focus will return to trade as talks with Canada are set to resume and more.
Weekly Market Outlook: Futures are marginally higher, energy prices are notably higher this morning, today, focus will be on economic data, the dollar has been a good and more.
Inflation Update: Futures are slightly lower, Chinese August Manufacturing PMI increased, regarding inflation. EU Core HICP slightly missed estimates, there was no new trade news overnight and more.