Tomorrow Is Going To Be A Big Day For Markets

By admin on July 5, 2012

Wrap up your July 4 celebrating early tonight, if you’re in the United States, because Thursday is going to be a huge day for markets.

In Europe, we’ll get decisions from both the Bank of England and the European Central Bank. Everybody thinks the BoE will do more QE, and there’s a widespread belief that the ECB will cut rates (probably by 25 basis points) though it’s hard to say, since the ECB is always unpredictable.

Then in the US there’s loads of economic data

The challenger layoff report at 7:30 AM ET
The ADP Jobs Report At 8:15 AM ET
Initial jobless claims at 8:30 AM ET
ISM Non-Manufacturing at 10:00 AM ET

The three labor numbers will be particularly closely watched, given that they come prior to Friday’s Non-Farm Payrolls report.

So as we said, stop partying early tonight. Tomorrow will be big.

For more on tomorrow’s big events, see here >

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0 Comments

Tyrsysrty

May 12, 2012 at 6:43 pm

e555e5e

Reply
Hannahok

May 12, 2012 at 7:03 pm

what the fuckkkkkk

Reply
Xonese23

May 15, 2012 at 8:15 pm

Its not energy that cant be creted nor destroyedits matter you idiots

Reply
- zxMafia
  
  May 18, 2012 at 2:57 am
  
  Really? You’ve found a way to destroy energy? My goodness! You must be the greatest scienist in the history of the world!
  
  Reply