welcome to the FTT market minute here's
what we're watching in London on Friday
morning oil in gold a firmer but stopped
markets are a bit muddled a mixed Asian
session has been followed by mile games
in Europe even as SP 500 futures dip
Wall Street's equity benchmark remains
within one firm session away from
closing above the 2400 level the first
time when we spent several days within
quite a tight range
rules we'll hope this is just another
consolidation phase the Bears will be
wary that the valleys momentum may have
fatally stalled corporate earnings have
been supporting valuations but the
reporting season in the u.s. is now
drawing to a close so investors will be
looking for fresh catalyst perhaps
Friday's us data dump will provide some
trading opportunities inflation retail
sales and consumer conference reports
will be published in The Wall Street
morning they should keep currency of
fixed income trends on their toes to the
dollar index is just below the 200 mark
and 10-year Treasury yields are easing
two basis points to two point three
eight percent will the data shift
expectations for the fobel due next
month currently the market sees an 80
percent chance the central bank will
raise rates again in June