Thursday 20 October 2011

Uneasy Optimism Prevails Ahead Of Manufacturing Data

RTT News: Global Financial Newswires

Daily Market Analysis

Thursday, October 20, 2011, 09:21

Uneasy Optimism Prevails Ahead Of Manufacturing Data

The major U.S. index futures are pointing to a modestly higher opening on Thursday, with sentiment reflecting caution, as traders react to mixed earnings news and contradictory reports on the likelihood of a deal being clinched to solve the euro zone debt crisis. Earlier in the day, European averages trimmed early losses and U.S. futures rebounded after reports suggested that the German officials have presented an EFSF guideline document, which cleared some apprehensions concerning the resolution of the region's debt crisis. (Oct 20, 2011) Full ArticleForwardFacebookTwitterLinkedIn


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