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The Morning Look

ByGary Kaltbaum

Stock Market Overview: 

Futures are up a little ahead of Wednesday’s open as stock markets across the globe fell on Tuesday, led by steep declines in Europe and Japan.

Gary’s Thoughts: Watching oil prices up sharply this morning. Oils/energy been on rest/pullback past few weeks. Otherwise, refer to what we said last night. Massive earnings just ahead! Pay attention.

Economic Data:

  • MBA Mortgage Applications 7:00 AM ET
  • Gallup U.S. Job Creation Index 8:30 AM ET
  • EIA Petroleum Status Report 10:30 AM ET
  • Loretta Mester Speaks 12:20 PM ET
  • FOMC Minutes 2:00 PM ET
  • Rob Kaplan Speaks 8:00 PM ET

Highlights Of The Day:

  • Iceland PM resigns after Panama Papers
    Gary’s Thoughts: Tip of the iceberg! Pun intended.
  • Trump Would Make Mexico Pay for Wall by Blocking Money Transfers
    Gary’s Thoughts: Trump who?