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NewsWare's Trade Talk: Friday, April 5
Manage episode 410800624 series 3349023
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S&P Futures are moving higher this morning as markets display some resiliency after yesterday selling pressure. The key economic data point for today will be the Non-Farms payrolls report. Today's Fed speak will alco be closely monitors as yesterday's comment form Minn Fed Kashkari caused markets rethink the timeline of rate cuts. Tres Sec Yellen is in China discussing state sponsored industrial production. Israel remains on high alert for a possible relation strike from Iran. JNJ announces a deal to buy Shockwave Medical. In Europe markets are lower on economic data, Fed comments and geopolitical issues. Oil prices are slightly higher this morning and headed for a second week of gains.
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