|
Jobs Data May Not Bode Well For Recovery - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Thursday, with the weakness intensifying following the release of the non-farm payroll employment report that showed bigger-than-expected job losses. The jobless rate only rose marginally. The weak data may exert pressure on oil, which does not bode well for the commodity space. That said, as a solace, the weekly jobless claims repot showed a decline in claims along the expected lines. Continuing claims also moved lower.
Thu, 02 Jul 2009 13:09:13 GMT
Mixed Messages Relayed By Economic Data May Lead To Volatility - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Wednesday. Even as domestic economic data stifled a rally on Tuesday, economic reports from Asia seem to be encouraging. The Bank of Japan's tankan survey revealed an uptick in sentiment, although they are at depressed levels. At the same time, Chinese manufacturing data lent credence to the theory that we may be close to a bottom and stabilization in economic conditions.
Wed, 01 Jul 2009 13:08:49 GMT
Traders Could Seek Support Of Economic Data To Help Extend Rally - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Tuesday. Global cues are mixed, with the Asian markers closing on a mixed note, while the European averages are trading modestly lower. The commodity price rally is moderating, although volatility is not ruled out, given the supply and demand uncertainties. Additionally, markets are likely to react the consumer confidence and manufacturing data to be released shortly after the markets open.
Tue, 30 Jun 2009 13:10:36 GMT
Market Action May Remain Muted Ahead Of Week's Key Reports - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Monday. Although no clear direction is evident, the markets may get some support from bargain hunters, who may be attracted to make an entry after recent lackadaisical performance. In the absence of any major trigger and the likelihood of volumes remaining light in the truncated week ahead of Friday's public holiday, the markets are unlikely to witness major action and most likely to confine within recent trading ranges.
Mon, 29 Jun 2009 13:18:30 GMT
Mixed News Should Keep Indexes In Recent Trading Range - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Friday. The markets' quirky way of reaction is likely to continue, as despite a resurgence in personal income, triggered by stimulus measures and a pick up in consumer spending, the mood seems to be cautious. Commodity prices are holding their ground, while the dollar is showing some weakness against the yen and the euro. Earnings news relays skepticism among companies over near term profit outlook.
Fri, 26 Jun 2009 13:27:32 GMT
Stocks Could Face Resistance From Lack Of Clarity On Economy's Course - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Thursday. After a strong increase in durable goods orders failed to rev up sentiment yesterday, the markets are likely to express apprehensions once again following the release of a labor market report that showed an unexpected increase in first time claims for the recent reporting week. The final first quarter GDP report released earlier in the day did not spring in any surprise, coming in almost in-line with expectations.
Thu, 25 Jun 2009 13:21:16 GMT
Durable Goods Orders May Come As Relief Amid Significant Uncertainty - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Wednesday. Even as uncertainty has been keeping sentiment subdued since early last week, intermittent positive economic readings have given some reason to cheer. Earlier in the day, the Commerce Department reported a strong increase in durable goods orders, with a measure considered to be proxy for capital spending showing resurgence. The positive report lends support to the theory of stabilization.
Wed, 24 Jun 2009 13:05:45 GMT
Unconvincing Economic Signals To Keep Sentiment Subdued - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a slightly higher opening on Tuesday. Trading is likely to characterize caution, as the FOMC begins to deliberate on the course of monetary policy. Uncertain economic course is likely to cast a shadow on the market even as traders nurture hopes of seeing some stabilization. Traders may also stay tuned to the housing market report to be released later in the day.
Tue, 23 Jun 2009 13:12:20 GMT
Lack Of Visibility Into Recovery May Thwart Market Revival - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Monday. Uncertainty seems to be ruling the roost even among analysts and this is very evident from the forecasts issued today by World Bank, which lowered its global growth forecast for 2009 to 2.9% even as reports seem to suggest that the IMF is all set to raise its growth forecast for 2010. In its annual report, the World Bank said most economies would go into a deeper slump.
Mon, 22 Jun 2009 13:14:39 GMT
Volatility Could Mark Trading Amid Triple Witching - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Friday. After apprehension over an economic recovery kept sentiment subdued for much of the week, unwavering hopes of a seeing at least a slow and steady turnaround has driven some traders back into the market. Asian stocks showed some strength today, while the European averages are higher for the second straight day.
Fri, 19 Jun 2009 13:10:57 GMT
Sentiment May Improve As Labor Market Data Allays Fears - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Thursday. With no clear signals emerging about the course of the economy, the markets, which remained locked in a lackluster phase in the past week, experienced two straight sessions of pullback earlier in the week. It would require solid evidence on the strength of the economy to convince traders to come back to buying ways. A U.S. Labor Department showed that continuing claims declined in the recent reporting week.
Thu, 18 Jun 2009 13:10:08 GMT
Traders May Exercise Caution As Doubts About Recovery Intensify - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a mixed opening on Wednesday. The selling pressure witnessed in the past two sessions doesn't seem to have run its course, with the global averages declining yet again, perturbed by no clear signals of a recovery and fears that the recent gains may be overdone. A report released earlier in the day showed that U.S. consumer prices declined at its steepest annual rate in 60 years. The sharp price declines are likely to stir up deflation concerns.
Wed, 17 Jun 2009 13:10:38 GMT
Positive Housing Data Could Support Markets at Current Levels - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Tuesday. Futures staged a recovery as a report released earlier in the day showed that housing starts rose by much more than economists' had expected. Commodity prices are also moving to the upside in reaction to the positive data that has rekindled hopes of a recovery after stocks came under significant selling pressure on the premonition that the recent gains may have been overdone.
Tue, 16 Jun 2009 13:07:39 GMT
Hazy Economic Outlook May Hinder a Comeback - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Monday. Global cues are negative, with the Asian and the European averages succumbing to the rout in the commodity space and apprehensions over a recovery. An economic report released earlier in the day showed that conditions in the manufacturing sector continues to be lackluster, which may belie fervent hopes of a near-term revival. The dollar has strengthened in response to comments from world leaders that the dollar still remains
Mon, 15 Jun 2009 13:13:54 GMT
Exuberance Over a Quick Economic Rebound May Prove to be Irrational - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Friday, with the markets finding themselves locked in a lackluster narrow trading range ever since the onset of June. Strong recovery signals continue to emerge from developing economies such as China and India. Recent datapoints from Japan are encouraging as well. That said, caution regarding the economic outlook was exemplified by a forecast issued by World Bank, which said the global economies are set to contract at a faster rate
Fri, 12 Jun 2009 13:10:16 GMT
Commodity Hype May Serve as Saving Grace for Markets - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Wednesday. Global cues are positive, as the Asian markets closed higher, capitalizing on higher commodity prices, while the European markets are also seeing significant buoyancy. Commodities are seen as a proxy for growth, as demand for resources rises in tandem with growth. Positive economic data from a few nations including Australia and China, should serve to cement expectations of turnaround and improve risk appetite of traders
Wed, 10 Jun 2009 13:13:23 GMT
Indecision Could Plague Markets Despite Further Positive Signals - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a higher opening on Tuesday. After showing lackluster performances in the past two sessions, the markets may look forward to positive catalysts that could help them in the resumption of the rally. Texas Instrument's (TXN) positive guidance could infuse some optimism and add evidence to the expectations of the economy hitting the bottom. The commodity space, which experienced some weakness yesterday, could see a turnaround.
Tue, 09 Jun 2009 13:12:21 GMT
Buying Interest May be Limited by Lack of Adequate Fundamental Support - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Monday, with the mood likely to be dampened by apprehensions whether the recent gains are overdone, as it is clearly evident that they are not supported by fundamentals. Strong institutional support seems to have propped up the markets and any data point smelling trouble could lead to large-scale liquidation. The retreat in commodity prices should lead to some selling in the commodity space and technicals support a modest pullback.
Mon, 08 Jun 2009 13:08:08 GMT
Stocks to Ride Higher on Employment Report - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a notably higher opening on Friday. More convincing proof for the likelihood of returning to trend-like-growth came in the form of the non-farm payroll report for May, which showed a notable slowdown in the pace of job losses. The market is likely to ride on the back of this positive piece of economic evidence that has cemented expectations for growth. The growth theme is also likely to drive up commodity prices.
Fri, 05 Jun 2009 13:04:32 GMT
Positive Recovery Signs May Help Markets Even Amid Mixed Newsflow - RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a modestly positive opening on Thursday. Fledgling signs of a distant recovery are emerging, with the weekly jobs report showing a decline in the recent reporting week, marking the first drop since early this year. Deal news is trickling in, although in fits and start, with Intel (INTC) being the latest company to court a target. The development shows companies' interest in consolidating at a time when valuations are still cheap.
Thu, 04 Jun 2009 13:06:06 GMT
|
