At NewsWare‘s Trade Talk, we provide up-to-the-minute market moving news along with the facts, themes and trading ideas for the day ahead.
Episodes
Tuesday Dec 05, 2023
Tuesday Dec 05, 2023
S&P Futures are trading lower this morning ahead of some key economic data points being released this morning. The overall marco narrative on the economy remains positive. There is a Goldman conference happening today and we will be hearing from a number of Bank CEOs (BAC, JPM & WFC). CVS, JNJ & SHOP are all scheduled to hold "analysts' day" today. Moody's downgraded its China Outlook due to its debt issues. In Europe stocks are mixed. ECB hawk Schnabel joined the chorus of council members saying that further hikes are unlikely given the positive surprise in recent inflation numbers. Oil is prices have turned from slightly higher to flat.
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