Tuesday outlook: Stock markets head for lower open on falling expectations for China’s economy
U.S. futures down sharply
- By: Malcolm Morrison
- June 29, 2010 June 29, 2010
- 07:33
U.S. futures down sharply
U.S. markets finish flat
Uncertainty clouds China’s pledge to allow its currency to appreciate
Leaders agree on the need for financial regulatory reform, but are far from settled on what is required
G20 nations pledge to cut deficits, commodities fall
New bank capital standards will be phased in by the end of 2012
U.S. jobs report coming Friday
U.S. Q1 growth, RIM revenue fall short
Widespread among services industries
No agreement on a plan to repair the world’s economy
Research in Motion revenues disappoint; oil, gold rise
Investors tentative about economic recovery prospects
2009-10 $4.7-billion projected deficit reduced by 78%
Thursday outlook: Stock markets head for weak opening amid cautionary words from U.S. Fed
U.S. home sales tumble
Fed unlikely to raise rates until the first quarter of 2011
10 of 11 sectors fall
Investors look to rate announcement from Fed
Loonie gives up early gains
Growing sovereign debt a source of risk for economic growth
Core inflation rate drops one notch to 1.8%
Loonie climbs higher on inflation report
Gold stocks retreat on lower bullion prices
Recent indicators suggest the economic recovery is continuing
Debt to personal disposable income ratio reaches new record of 148.9%