Pre-market activity and scheduled economic data that may have an impact on the global financial markets. Live trading room access link. Posted 6:15 am ET
WORLD HEADLINES – The US dollar strengthened versus all of its major peers ahead of a European Central Bank policy meeting, while European stocks retreated and Asian shares advanced.
STOCKS – Futures on the S&P 500 Index were little changed, after gaining as much as 0.3 percent following the debate.
BONDS – U.S. Treasuries due in a decade were little changed. The probability of a U.S. rate increase by December has climbed to 64 percent, fed fund futures indicate, from 59 percent at the end of September.
COMMODITIES – Crude oil declined 1 percent to $51.07 a barrel in New York, after surging 2.6 percent on Wednesday.
CURRENCIES – The euro fell as much as 0.2 percent versus the greenback as traders await the ECB’s policy statement and a press briefing by the authority’s chief, Mario Draghi.
ECONOMIC DATA – EUR Minimum Bid Rate at 7:45, GBP PC Member Shafik Speaks at 8:00, ECB Press Conference at 8:30, US Philly Fed Manufacturing Index and Unemployment Claims, Existing Home Sales at 10:00 ET.
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 7:30 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.