Traders Turn Cautious Ahead Of Consumer Confidence Data

Daily Market Analysis Tuesday, October 25, 2011, 09:31 Traders Turn Cautious Ahead Of Consumer Confidence Data The major U.S. index futures are pointing to a narrowly mixed opening on Tuesday, with sentiment likely to be weighed down by some mixed earnings reports. Traders may also turn cautious ahead of Wednesday's European leaders meeting as efforts are on to arrive at unanimous solution for solving the region's debt problem. The consumer confidence reading to be released shortly after the markets may also give some direction to the markets. With markets trading near their 11-week highs, some selling may emerge due to profit taking. (Oct 25, 2011) Full Article Home | Top Stories | Breaking News | Economic News | Forex | Politics | Featured Interviews Sent to autoforextradingpro@gmail.com | Customize your alerts | Unsubscribe Copyright © 2011 RTTNews. All rights reserved. By using this service, you agree to the Terms of Service