Pre-market trading activity and scheduled economic data that may have an impact on the global financial markets.
WORLD HEADLINES – European shares rose for the first time in a week and emerging markets advanced as a gauge of commodities climbed for the sixth straight day and minutes of the Federal Reserve’s last meeting damped prospects for a U.S. interest-rate hike.
STOCKS – S&P 500 futures were little changed, after shares eked out gains on Wednesday following the release of the Fed minutes.
BONDS – Treasuries due in a decade were little changed, leaving the yield at 1.56 percent.
COMMODITIES – The change in the number of cubic feet of natural gas held in underground storage during the past week will be released today at 10:30 am ET. Active futures traders will be focused on trading the data release for opportunities. Crude oil rose for a sixth day, the longest advance in more than a year, as U.S. crude and gasoline stockpiles dropped from the highest seasonal level in at least two decades.
CURRENCIES – Britain’s pound was the biggest winner against its U.S. counterpart, climbing after a report showed U.K. retail sales jumped more than economists forecast in the month after Britain voted to quit the European Union.
ECONOMIC DATA – ECB Monetary Policy Meeting Accounts due at 7:30, US Unemployment Claims, Philly Fed Manufacturing Index and CAD Foreign Securities Purchases at 8:30, FOMC Member Dudley Speaks at 10:05, Natural Gas Storage at 10:30 ET.
Don’t trade alone, join a group of quant traders in a live trading room.
The Trading Room® TradeLAB live sessions conducted online by the RiosQuant team offer a pragmatic, real world perspective of trading the global markets in real time for the active trader. Trading begins at 8:00 am and ends at 11:00 am ET Monday thruFriday.
Access is simple, here is how to get started with a two week free trial…
Click on the following link and register as a guest.