Philadelphia Fed Survey

U.S. economic data, Eurozone sovereign rates, and safe haven buying will drive the bond market this week. These factors may lead to a retest of short term support in 10 year yields. The yield has been in a narrow trading range between 2.83 percent and 2.59 percent since February, and a broader...

Futures Lower After Cisco Earnings, Weaker Dollar U.S. equity futures traded slightly lower in early pre-market trade following some weak guidance from Cisco (NASDAQ: CSCO) for the upcoming quarter and as the dollar traded lower. Also, some weak earnings in Europe weighed on sentiment. Top News...

Futures Little Changed Ahead of Bernanke, Key Tech Earnings U.S. equity futures nearly unchanged ahead of some key earnings Thursday as well the second day of Congressional testimony from Federal Reserve Chairman Ben Bernanke. Earnings from Verizon (NYSE: VZ), Google (NASDAQ: GOOG), and...

Futures Drop On China Growth Fears, Dollar Gains U.S. equity futures declined in early pre-market trade following a weak initial reading of manufacturing in China. The Flash HSBC Manufacturing PMI for June declined to 48.3 from 49.2 in May, with every internal figure showing negative signs for the...

Futures Flat After Strong Japanese GDP U.S. equity futures traded just near unchanged in early pre-market trade following a stronger than expected GDP report from Japan. Japan reported first quarter GDP rose 3.5 percent on an annualized basis, better than the 2.7 percent expected growth rate....

Futures Lower on Weak European Manufacturing Data U.S. equity futures fell in pre-market trading following weak Eurozone Manufacturing PMIs. The Eurozone Manufacturing PMI for February fell to 47.8 from 47.9 in January, worse than forecasts of a reading of 48.5, with weakness in France and Germany...

Futures Flat Ahead of Jobless Claims, Earnings U.S. equity futures were flat in early Thursday trade ahead of lots of economic data, including Initial Jobless Claims, and lots of earnings. The earnings data will truly set the tone before the open with many big banks set to report fourth quarter...