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NewsWare's Trade Talk: Friday, May 31

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Manage episode 421309827 series 3349023
Content provided by NewsWare. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NewsWare or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

S&P Futures are weakening this morning as markets await a key economic report due out before the opening bell. This morning's PCE report will focus on the annual core data point. The core PCE deflator likely moderated in April to the slowest monthly pace yet this year, potentially providing some relief after a year of sticky inflation. Tech stocks are weak this morning, healthcare stocks are rising. In Europe, markets are starting to turn higher as this morning's. Oil prices are mixed to lower, weakening economic data out of China, this morning PCE report and anticipation of this weekend's OPEC are all important factors today.

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102 episodes

Artwork
iconShare
 
Manage episode 421309827 series 3349023
Content provided by NewsWare. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NewsWare or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

S&P Futures are weakening this morning as markets await a key economic report due out before the opening bell. This morning's PCE report will focus on the annual core data point. The core PCE deflator likely moderated in April to the slowest monthly pace yet this year, potentially providing some relief after a year of sticky inflation. Tech stocks are weak this morning, healthcare stocks are rising. In Europe, markets are starting to turn higher as this morning's. Oil prices are mixed to lower, weakening economic data out of China, this morning PCE report and anticipation of this weekend's OPEC are all important factors today.

  continue reading

102 episodes

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