Traders Edgy As Data, Eurogroup Verdict On Greece Awaited

Fri, 14 Aug 2015 12:24:12 GMT : The major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting caution, as traders await two important pieces of domestic economic data on industrial production and consumer sentiment and the Eurogroup's verdict on Greece's bailout.

Receding Yuan Worries, Positive Domestic Data May Give Early Lift

Thu, 13 Aug 2015 12:50:22 GMT : The major U.S. index futures are pointing to a higher opening on Thursday, with futures nudging higher and picking up strength following the release of fairly positive retail sales data for July. Earlier on, futures reacted modestly positive to the Chinese central bank reassuring the global markets over a potential currency war, triggered by the yuan devaluation.

Yuan Devaluation Could Trigger Sell-off

Tue, 11 Aug 2015 12:48:56 GMT : The major U.S. index futures are pointing to a lower opening on Tuesday, with yuan devaluation by the Chinese central bank sapping risk appetite of the markets. The dollar is mixed, with the euro getting a lift from the news of the third bailout deal for Greece being finalized. Commodities are mostly lower.

Risk Appetite Reappears After Recent Lackluster Phase

Mon, 10 Aug 2015 12:42:46 GMT : The major U.S. index futures are pointing to a higher opening on Monday, with sentiment reflecting return of risk appetite following lackluster showing in recent sessions. The mood across the Atlantic is mixed as traders look ahead to more information on a Greek bailout deal under negotiations.

Jobs Data Does Little To Quell Rate Hike Fears

Fri, 07 Aug 2015 12:50:12 GMT : The major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting nervousness of traders after non-farm payrolls came only slightly weaker than expected. As expected, the jobless rate held steady. The end result, the dollar which saw subdued sentiment earlier on, gained ground, sending commodities lower.

Sentiment Still Fluid As Focus Shifts To Friday's Payrolls Data

Thu, 06 Aug 2015 12:50:30 GMT : The major U.S. index futures are pointing to a modestly higher opening on Thursday, with sentiment still fluid, as traders battle with rate hike fears. A report released short while ago showed that jobless claims rose less than expected. Meanwhile, across the Atlantic, the Bank of England lowered its inflation forecasts

Soft Private Payroll Gains Tone Down Rate Hike Fears

Wed, 05 Aug 2015 12:48:22 GMT : The major U.S. index futures are pointing to a higher opening on Wednesday, with futures getting a lift following the release of a report that showed smaller than expected private payroll gains. The trade balance data was broadly in line with expectations, considering the revisions to the previous month's deficit.

Traders Stay Guarded Ahead Of Week's Key Data

Tue, 04 Aug 2015 12:35:07 GMT : The major U.S. index futures are pointing to a lower opening on Tuesday, with sentiment still fluid despite most commodities stalling the selling spree. Oil has stemmed its losses and is currently up moderately and gold is seeing a small bounce upward from a 5-1/2 year low. The dollar strength is fading.

Sentiment Improves Slightly After In Line Consumer Spending Data

Mon, 03 Aug 2015 12:55:07 GMT : The major U.S. index futures are pointing to a slightly higher opening on Monday, with sentiment still fluid after consumer spending data came in line. A report released short while ago showed that consumer spending came in line and one of Fed's favored inflation measure came slightly ahead of expectations. The commodity rout continues.

Sentiment Lackluster, As Personal Spending, Manufacturing Data Awaited

Mon, 03 Aug 2015 12:36:10 GMT : The major U.S. index futures are pointing to a narrowly mixed opening on Monday, with sentiment suggesting nervousness, as the markets await readings on consumer spending and manufacturing. The commodity rout continues, with the dollar firmer. Global manufacturing data has been mixed.

Rate Hike Expectations Sapping Risk Appetite

Fri, 31 Jul 2015 12:34:49 GMT : The major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting nervousness as the monetary policy course appears increasingly uncertain. The dollar is firmer on rate hike expectations and commodities continue to languish.

Sentiment Cautious As Second Quarter Growth Soft

Thu, 30 Jul 2015 13:14:54 GMT : The major U.S. index futures are pointing to a lower opening on Thursday, with sentiment reflecting uneasiness following yesterday's advance. With the rate hike itinerary still in doubt and the advance second quarter GDP report showing a smaller than expected rebound in growth, the markets may choose to remain cautious. Meanwhile, the dollar is firmer, as commodities continue to see weakness.

Fed Fears Leading To Listlessness

Wed, 29 Jul 2015 13:14:08 GMT : The major U.S. index futures are pointing to a slightly higher opening on Wednesday, with sentiment reflecting the nervousness of traders as the FOMC decision looms. Earnings news has been mixed. Meanwhile, earnings and economic data across the Atlantic have been largely positive.

Bargain Hunters May Step In Even As Fed Meeting Instills Caution

Tue, 28 Jul 2015 12:43:57 GMT : The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment reflecting moderate strength as bargain hunters step in. The mood across the Atlantic is positive, as strong second quarter U.K. GDP data triggered strong buying. The industrial space may see weakness following DuPont's weak guidance.

Risk Aversion Could Lead To Sell-off

Mon, 27 Jul 2015 13:05:08 GMT : The major U.S. index futures are pointing to a sharply lower opening on Monday, with risk aversion precipitating amid a global equity market sell-off. The Chinese market plunged, with the key Shanghai Composite Index recording the biggest one-day drop in 8 years, on the back of a report that showed a slowdown in industrial profit growth. The dollar is trending lower.

Earnings Woes May Dent Confidence

Thu, 23 Jul 2015 13:17:00 GMT : The major U.S. index futures are pointing to a narrowly mixed opening on Thursday, with sentiment reflecting nervousness of traders amid the mixed earnings news flow. More companies, including Qualcomm, have joined the bandwagon of tech companies reporting weak results. Dow component Caterpillar (CAT) have also turned in a dismal showing in its second quarter.

Sore Tech Earnings Could Impact Market Mood

Wed, 22 Jul 2015 13:24:54 GMT : The major U.S. index futures are pointing to a lower opening on Wednesday, with sentiment suggesting weakness induced by sore tech earnings. The mixed earnings news could trim some of the optimism set in motion by a good start to the reporting season. Commodities continue to tumble and the dollar is grinding higher.

Markets Nervous Amid Mixed Earnings, Lack Of Economic Cues

Tue, 21 Jul 2015 13:19:44 GMT : The major U.S. index futures are pointing to a mixed opening on Tuesday, with sentiment suggesting nervousness as the markets await for fresh cues. Earnings news has been largely positive, although there were disappointments as well. IBM's (IBM) quarterly revenue performance was lackluster and United Technologies lowered its full year earnings guidance.

Earnings Optimism Could Be Checked By Rate Worries

Mon, 20 Jul 2015 13:12:54 GMT : The major U.S. index futures are pointing to a higher opening on Monday, with sentiment suggesting modest strength even amid a lack of any major economic catalysts. Earnings news has been largely positive, imparting buoyancy to the markets. The mood across the Atlantic is trading notably higher, as the developments on the Greek crisis offer encouragement.