Marketplace Awaits Big Batch Of U.S. Data Friday Morning

World stock markets were mixed in quieter trading overnight, as the world markets awaited the readings on a heavy batch of U.S. economic reports due out Friday morning. There are also some earnings reports from big U.S. financial institutions due out today. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins.

Gold prices are trading firmer in pre-U.S. session trading. While prices are still in a near-term downtrend, the gold bulls this week were able to at least temporarily stop the downside bleeding in their market.

It is indeed a very busy say for important U.S. economic data Friday. The consumer price index is a headline report. CPI is expected to come in at up 0.1% in June from May. Retail sales data will also be closely scrutinized.

To get full access to all Money Morning content, click here

About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors.

Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

The post Marketplace Awaits Big Batch Of U.S. Data Friday Morning appeared first on Money Morning - We Make Investing Profitable.

First published here: Marketplace Awaits Big Batch Of U.S. Data Friday Morning

No comments:

Post a Comment