You are currently viewing World Headlines – 2017-07-18

World Headlines – 2017-07-18

Pre-market activity and scheduled economic data that may have an impact on the global financial markets. Live trading room access link. 
Posted  6:00 am ET

WORLD HEADLINES – The US dollar slid back to a 10-month low and U.S. equity futures retreated as President Donald Trump’s economic revitalization agenda once again faltered. European stocks dropped as some earnings disappointed, and gold climbed to the highest in two weeks.
STOCKS – S&P 500 futures traded near resistance ahead of the Wall Street opening bell.
BONDS – The 10 year U.S. Treasury yields fell one basis point to 2.31 percent after dropping five basis points last week.
COMMODITIES – Gold climbed 0.2 percent and crude oil rose 0.4 percent, erasing early losses amid concern that output in the US and OPEC member Libya is growing.
CURRENCIES – Britain’s Sterling trade lower as officials prepare for Brexit talks in Brussels. The Australian dollar returned to a two-year high after central bank minutes signaled optimism on economic growth and wages.

ECONOMIC DATA – US Import Prices m/m due at 8:30, BOE Gov Carney Speaks at 9:30 ET.

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