What’s Next in the Global Markets?

What’s Next in the Global Markets?

Pre-market price action and scheduled economic data that may have an impact on the global financial markets:

STOCKS – Global stocks rose, on track for weekly gains, shrugging off global losses logged after the European Central Bank eased aggressively but suggested it was running out of room to cut interest rates even if other stimulus options remained.BONDS – Euro-area government bonds gained as the dust settled on the ECB’s latest stimulus measures.

COMMODITIES – Oil led commodities to a three-month high and supported emerging markets after China strengthened the yuan’s fixing by the most in four months.

CURRENCIES – The boost to the yuan lifted the currencies of countries that export raw materials. Australia’s dollar approached its highest level since July and Canada’s climbed toward a four-month high.

ECONOMIC DATA – US Import Prices m/m and CAD Unemployment Rate at8:30 ET.


 

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