The dax is up. Its up by about a quarter percentage point. If you want to check out crude oil prices today, yesterday giving back some ground. Relatively flat right now. Down by about 4 cents for wti. Dropping slightly this morning as major producers down play the chances of an output these at this weekends meeting. Separately, the International Energy Agency Cutting its estimates for Global Demand growth in 2016. And it is another busy day for Economic Data and earnings reports. Were going to have weekly jobless claim at 8 30 eastern time. Expect it to hold steady. Filings have been 300,000 for about 58 straight weeks now. Also at 8 30, were going to get the march Consumer Price index, headline cpi expected to tick up about 0. 2 following a decline in february. Now, atlanta fed president Dennis Lockhart is also speaking today. Were going to have to wait to see what hes got to say about all this. Also, for earnings, look for results from bank of america, blackrock, wells fargo, Delta A
Growth and uncertain growth. The aussie dollar is falling sharply on that news. Australian stocks, on the other hand, rallying more than 2 on the news. In asia, japans markets were closed for the Constitution Day holiday. Chinas Managers Index shrinking to a 14month for its 14th month coming in below forecasts. A bit of a mixed picture. Shanghai compost up 2 . And hang seng almost the lower. All eyes on . Yeah, go for it. Moving forward, in pretty negative territory. And germany is lower than 2. Ftse lower than 1 . Italy and spain off by more than 2 perhaps because the eu trimming its 2016 growth forecast to 1. 8 from 1. 9 . Its 2017 growth forecast from 1. 9 to 2 . Also cut Inflation Forecasts despite their efforts to do Everything Possible to try to lift inflation. Watching european financials, ubs reporting a sharp decline in management wealth business. Which was supposed to be all the european banks going into wealth management, they were going to be smoother when it comes to their
Third quarter. Which could be the worst quarter for stocks in years. But now, attention turns to the fourth when Football Games and investment years are won or lost. This years Fourth Quarter has at least four challenges that will determine whether 2015 turns out to be a winner for investors like you or a loser. Challenge number one, china and the global economy. The world as Thomas Freedman wrote is flat, interconnected. Thats one of the ki lessons of 2015. When china. Hes, the world catches a cold and chinas slowing economy no one knows by exactly how much has spelled trouble for commodities, oil and metals most notably. Its also meant harder times for companies that export into the worlds second largest economy, Companies Like caterpillar and the automakers. Chinas stock market nose dived albeit after steep runups. Billions in wealth evaporated. Whats next for china and what will it mean for investors the world over . Challenge number two, u. S. Corporate profits. How will they stac
Third quarter. Which could be the worst quarter for stocks in years. But now, attention turns to the fourth when Football Games and investment years are won or lost. This years Fourth Quarter has at least four challenges that will determine whether 2015 turns out to be a winner for investors like you or a loser. Challenge number one, china and the global economy. The world as Thomas Freedman wrote is flat, interconnected. Thats one of the ki lessons of 2015. When china. Hes, the world catches a cold and chinas slowing economy no one knows by exactly how much has spelled trouble for commodities, oil and metals most notably. Its also meant harder times for companies that export into the worlds second largest economy, Companies Like caterpillar and the automakers. Chinas stock market nose dived albeit after steep runups. Billions in wealth evaporated. Whats next for china and what will it mean for investors the world over . Challenge number two, u. S. Corporate profits. How will they stac
Third quarter. Which could be the worst quarter for stocks in years. But now, attention turns to the fourth when Football Games and investment years are won or lost. This years Fourth Quarter has at least four challenges that will determine whether 2015 turns out to be a winner for investors like you or a loser. Challenge number one, china and the global economy. The world as Thomas Freedman wrote is flat, interconnected. Thats one of the ki lessons of 2015. When china. Hes, the world catches a cold and chinas slowing economy no one knows by exactly how much has spelled trouble for commodities, oil and metals most notably. Its also meant harder times for companies that export into the worlds second largest economy, Companies Like caterpillar and the automakers. Chinas stock market nose dived albeit after steep runups. Billions in wealth evaporated. Whats next for china and what will it mean for investors the world over . Challenge number two, u. S. Corporate profits. How will they stac