Treasury Auctions, Retail Sales, Inflation, Production Data
Equity futures are firmly higher this morning as global markets react to December data from China showed exports jumping 17.7% compared to one year ago (versus forecasts for only 5%). With the data China surpassed Germany to become world’s largest exporter. Moreover, imports surged by 55.9% y-o-y in December.
One hour before the bell Dow futures are 41.00 points higher at 10,607 and S&P 500 futures are up 4.80 points to 1,146.
Commodities are also on the rise with WTI Crude oil trading $1.04 higher at $83.79 per barrel and Spot Gold $20.27 higher at $1158.52.
The broad gains signify investor confidence as the Q4 earnings season kicks off.
Key Events This Week:
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