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Slower Than Expected Job Losses May Bring About Relief Rally - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Friday, with sentiment improving notably following the release of a report, which showed smaller than expected job losses for August. On a more upbeat note, the private sector added more jobs than economists had forecast. The initial euphoria may lift stocks sharply higher in early trading, although sustenance of the gains largely hinge on the results of the service sector survey of the Institute for Supply Management.
Fri, 03 Sep 2010 13:17:36 GMT
Friday's Jobs Report May Keep Mood Subdued - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a slightly higher opening on Thursday, with sentiment reflecting tentativeness among traders despite the release of a report showing a modest decline in first time claims for unemployment benefits. In the face of economic evidence showing further softening of the job market, traders may exercise caution ahead of Friday's national employment report. The pending home sales data may also have an impact on the market direction in today's session.
Thu, 02 Sep 2010 13:18:16 GMT
Bargain Hunting May Help Stocks Even Amid Cloudy Data - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Wednesday, with sentiment reflecting the buoyancy in the rest of the global markets, which rallied sharply on bargain hunting triggered by some upbeat data. Risky bets like commodities are advancing, reflecting the increase in the risk appetite of traders. That said, concerns still persist, with some domestic economic reports pointing to aggravation of the soft patch.
Wed, 01 Sep 2010 13:11:23 GMT
Apprehension Ahead Of Data To Lead To Muted Open - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Tuesday, with sentiment reflecting extreme caution ahead of a spate of economic events scheduled for the day. The results of a regional manufacturing sector survey and consumer confidence survey and the FOMC minutes are among the key events that are likely to chart the course of the market in today's session.
Tue, 31 Aug 2010 13:10:49 GMT
Cautious Trading Likely Ahead Of Data Deluge - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Monday, with sentiment reflecting caution among traders ahead of a spate of economic data to be released over the course of the week. An economic report released earlier in the day showed that consumer spending rose by a little more than expected and personal income rose in line with expectations.
Mon, 30 Aug 2010 13:23:59 GMT
Benign Downward Revision To GDP May Help Stocks Stage Comeback - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Friday, with sentiment improving following the release of the preliminary second quarter GDP report, which showed a smaller than expected downward revision to growth. Given the uncertainty surrounding the economic recovery, the consumer sentiment report to be released shortly after the markets open and a speech by Federal Reserve Chairman Ben Bernanke due later in the day could also help in determining market direction.
Fri, 27 Aug 2010 13:22:54 GMT
Jobs Report May Help Markets Hold Ground - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Thursday, with the slight resurgence in risk appetite likely to support sentiment. Crude oil futures are extending their gains and the euro is also firming up - all pointing to the return of risk appetite after equities went into a tailspin in recent sessions before they rebounded moderately yesterday.
Thu, 26 Aug 2010 13:13:45 GMT
Bleak Data May Keep Traders Away From Equities - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Wednesday, with a lack of clarity on the economic recovery likely to roil the market yet again. A report released by the Commerce Department earlier in the day showed that durable goods orders rose by much less than expected, as business spending softened. After seeing a small bounce in the Asian session, crude oil futures are moving lower.
Wed, 25 Aug 2010 13:13:38 GMT
Intensifying Risk Aversion To Weigh On Stocks - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a sharply lower opening on Tuesday, with sentiment reflecting extreme caution ahead of the existing home sales report due to be released shortly after the markets open. The markets have, however, discounted a decline in existing home sales for the third straight month. The Asian markets ended the session mostly lower, while the European averages are seen mired in negative territory. Safe havens such as the yen are advancing sharply.
Tue, 24 Aug 2010 13:20:25 GMT
Stocks On Track For Small Bounce From Oversold Levels
The major U.S. index futures are pointing to a modestly higher opening on Monday following weak performance during the previous two weeks. The continuing inflow of deal news is seen to be reflecting hopes among companies that the recovery is here to say despite recent data relaying a prolonged soft patch. In reaction to these hopes, the prices of commodities have begun to turn higher. That said a break out of recent trading range is unlikely, given the lingering uncertainty.
Mon, 23 Aug 2010 13:13:08 GMT
Markets Likely To Extend Lean Patch Amid Intensifying Uncertainty - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Friday, reflecting the increasing uncertainty among traders amid a lack of any major catalysts. The major averages have violated their respective 50-day moving averages to their downside and they may find difficulty breaking above this key level, especially with the uncertainty weighing in the minds of traders and ahead of the weekend.
Fri, 20 Aug 2010 12:46:40 GMT
Corporate News May Prove Supportive To Markets - RTTNews Daily Market Analysi
The major U.S. index futures are pointing to a higher opening on Thursday. Sentiment seems to be largely unaffected by a report released earlier in the day, which showed that jobless claims increased unexpectedly. That said, more economic data is on the deck and these data could sway the markets. Deal news and the announcement from General Motors about it proposed initial public offering could provide some encouragement to traders.
Thu, 19 Aug 2010 13:23:15 GMT
Stocks May Face Difficulty Finding Direction Amid Lack Of Catalysts - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Wednesday, with sentiment suggesting an extension of the uptrend witnessed in the previous session. Global cues are mixed, with Asian stocks closing mostly lower, while the European averages are trading on a mixed note. In the absence of any major economic catalysts, markets may reveal a lack of direction, although traders may derive some comfort from positive retail earnings.
Wed, 18 Aug 2010 13:24:11 GMT
Relief Rally May Be In The Offing - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment reflecting relief over housing starts showing an increase and earnings reports of retailers showing some degree of robustness. These positive catalysts are likely to lead to bargain hunting following the lean patch witnessed in the markets recently. The markets may also focus on the industrial production report to be released shortly before the markets open.
Tue, 17 Aug 2010 13:02:59 GMT
Patchy Retail Sales Report May Apply Brakes On Bargain Hunting - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a slightly lower opening on Friday despite expectations that bargain hunting will support the markets following three straight sessions of losses. Economic data released from across the Atlantic were encouraging, with most economies in the euro zone region reporting forecast-beating economic growth for the second quarter. However, a Commerce Department report released earlier in the day showed that retail sales rose slightly less than expected
Fri, 13 Aug 2010 13:16:36 GMT
Soft Jobs Data May Lead To More Weakness - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Thursday, with the negativity continuing in the wake of the release of a report showing an unexpected increase in first time claims for unemployment benefits. Safe haven bets such as gold and the dollar are gaining ground, reflecting the increasing risk aversion among traders. The major averages are in a precarious position when analyzed from the technical perspective.
Thu, 12 Aug 2010 13:14:40 GMT
Growth Concerns Likely To Keep Sentiment Subdued
The major U.S. index futures are pointing to a notably lower opening on Wednesday, with sentiment being weighed by the uncertainty surrounding the economic recovery. The FOMC statement released yesterday has aggravated the concerns due to the downbeat assessment of growth by the central bank. The rest of the global markets retreated in reaction to this uncertainty.
Wed, 11 Aug 2010 13:18:36 GMT
Fed's Limited Scope To Intervene May Worry Traders - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a sharply lower opening on Tuesday, with sentiment reflecting caution among traders ahead of the Federal Open Market Committee announcement. The Asian markets closed lower in reaction to some weak economic data points, while the European markets are trading mixed. At the same time, the prices of commodities are currently pulling back.
Tue, 10 Aug 2010 13:23:45 GMT
Markets May Tread Waters Before FOMC Meeting - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Monday, with sentiment receiving a shot in the arm from the positive performance of the European markets. The markets across the Atlantic are seeing strong gains as evidence builds up concerning the strength of the recovery in the economies in the region. Germany reported strong export growth today, while investor sentiment in the euro zone region also seems to be improving significantly.
Mon, 09 Aug 2010 13:09:14 GMT
Ailing Labor Market To Hurt Sentiment - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Friday, with the worse than expect decline in non-farm payrolls likely to trigger some anxiety, leading to a negative open on Wall Street. Although the markets had discounted the decline associated with the layoff of temporary workers hired for census, additions to private payrolls was weaker than expected.
Fri, 06 Aug 2010 13:16:09 GMT
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