Five Major Data Points Before Holiday

by devteam November 25th, 2009 | Share

Two hours before the opening bell and one hour before three major data points hit the markets, stocks are looking to recovery from yesterday’s modest decline.

Futures on the Dow are trading 40 points higher at 10,445 while those on the S&P 500 are up 5.25 points to 1,108. 

The US dollar is in 15-month rut this morning, “as risk appetite was boosted by some decent data and positive central bank talk,” according to BMO economist Benjamin Reitzes. 

In line with recent trends, greenback weakness is driving up commodity prices of dollar-denominated assets. WTI Crude oil is up 23 cents to $76.25 per barrel and Spot Gold is up $10.42 to $1,179.82 per ounce. Reitzes notes that base metals too are stronger, “led by lead, zinc and copper, and grains prices are up about 1%.”

With markets closed tomorrow and Friday's schedule empty, today’s schedule is simply packed with important data.

Key Events:

8:30 â€

About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

See all blogs


Leave a Comment

Leave a Reply

Latest Articles

Real Estate Investors Skip Paying Loans While Raising Billions

By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...

Late-Stage Delinquencies are Surging

Aug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...

Published by the Federal Reserve Bank of San Francisco

It was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...