Thursday 27 October 2011

Euro Debt Deal Perks Up Risk Appetite

RTT News: Global Financial Newswires

Daily Market Analysis

Thursday, October 27, 2011, 09:21

Euro Debt Deal Perks Up Risk Appetite

The major U.S. index futures are pointing to a sharply higher opening on Thursday, with sentiment getting a boost from the plan chalked out by European leaders to solve the debt crisis faced by the region. Additionally, traders may also take kindly to some in line domestic economic data released earlier in the day. The U.S. third quarter GDP growth came in line with expectations, while jobless claims for the recent reporting week also fell roughly in line with estimates. The focus now shifts to the pending home sales index to be released shortly after the markets open. (Oct 27, 2011) Full ArticleForwardFacebookTwitterLinkedIn


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