German index is main economic report
David Russell | firstname.lastname@example.org
Today's economic calendar is relatively light, with no market-moving data scheduled for release in the United States.
The Commerce Department will release the country's trade balance at 8:30 a.m. ET, followed by wholesale inventories at 10 a.m. Both reports cover October, and are unlikely to impact sentiment.
A potentially more important report is scheduled for 5 a.m. ET, when Germany's Zew center for economic research will release its index of investor confidence. A strong reading could boost European indexes and support the S&P 500 early in the session, while a weak figure could have the opposite effect.
Chicago Fed data only calendar item
May 20, 2013
Today's only item is the Chicago Federal Reserve's index of economic activity at 8:30 a.m. ET. The report seldom moves broader sentiment.
Stocks attempt to stage a rebound
May 17, 2013
The main catalyst for the buyers appears to be coming from Asia, where Tokyo and Shanghai indexes rallied overnight amid positive Japanese economic data and signs that Chinese authorities will reduce economic regulations.
Equities are hovering at record levels
May 16, 2013
S&P 500 futures are indicated to open fractionally lower but have been nudging higher throughout the morning. The Nasdaq is up almost two-tenths of a percent after strong numbers from Cisco.
Equities in range after big gains
May 15, 2013
S&P 500 futures are little-changed, while most European indexes are posting small gains. Asian markets were mostly positive overnight, led by a 2 percent rally in Tokyo.
Wide range of events on calendar
May 15, 2013
German, France, and Italy will report preliminary gross domestic product numbers early in the morning, which could affect sentiment before the opening bell.