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It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new milestone. The big test comes today as they report earnings. Under one hour away from the start of cash trading in europe. Lets take a look first off at futures. They are down. Looking at jobs of about. 25 to. 33 . The euro is one of the most interesting stories today. What do you see on the gmm . Got a little bit of weakness coming through in the Asian Session, down. 2 . Some breaking news. I mention it because it is good news. Operating, a busines ....
(Bloomberg) — US equity futures gained with European stocks ahead of keenly awaited US inflation data that will help determine when the Federal Reserve finally pivots to monetary easing. Futures on the S&P 500 and Nasdaq 100 rose 0.2% and 0.4% respectively. US Treasury yields were steady and a gauge of the dollar was flat.… ....
However, the previous week saw such expectations take a major setback, with the STOXX 600 logging its worst week since September after the European Central Bank and the Federal Reserve stuck to their hawkish monetary policy stance. Data pointing to slowing economic activity in the euro zone and the U.S. has only added to the gloom, as hopes of a year-end rally fade. ....