http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usSat, 07 Nov 2009 16:20:01 GMTThe major U.S. index futures are pointing to a lower opening on Friday, with futures turning lower following the release of the jobs report for October, which showed a spike in the jobless rate above the 10% level to a 26-year high. At the same time, job losses, though slowing down from the previous month's pace, did not slowdown by as much as the economists had expected. The report is likely to lead to some selling in the markets following yesterday's sharp rally.http://www.rttnews.com/ArticleView.aspx?Id=1120850&Category=Market%20AnalysisFri, 06 Nov 2009 13:02:40 GMTThe major U.S. index futures are pointing to a higher opening on Thursday, with sentiment improving following the release of a couple of economic reports that temporarily allayed recovery concerns. Weekly jobless claims fell by much more than economists had expected in the recent reporting week, while non-farm productivity rose by the most in about 5 years. In reaction to these data, commodity prices have firmed up.http://www.rttnews.com/ArticleView.aspx?Id=1119173&Category=Market%20AnalysisThu, 05 Nov 2009 13:11:40 GMTThe major U.S. index futures are pointing to a higher opening on Wednesday following lackluster performance in the previous session. The global markets rallied, as positive data points, including an upward revision to China's GDP growth forecast by the World Bank, encouraged market participants, temporarily alleviating economic worries. That said, a private employment report released earlier in the day showed continuing turmoil in the job market.http://www.rttnews.com/ArticleView.aspx?Id=1117088&Category=Market%20AnalysisWed, 04 Nov 2009 13:12:31 GMTThe major U.S. index futures are pointing to a lower opening on Tuesday, with the futures trimming their losses following the trickling in of deal news. However, traders are likely to tread a cautious line, as they await the outcome of the FOMC rate setting meeting and the release of employment data. Earnings news of the day has been mixed and the prices of commodities are showing mixed trend, although oil may see volatility amid the release of the weekly oil inventory report.http://www.rttnews.com/ArticleView.aspx?Id=1115155&Category=Market%20AnalysisTue, 03 Nov 2009 13:06:32 GMTThe major U.S. index futures are pointing to a higher opening on Monday. Although the higher futures reflect the anxiety of traders to make an entry at levels that could earn them profits, especially after the recent retreat, uncertainty over the sustainability of the recovery should keep sentiment subdued. The fears are likely to be accentuated by the bankruptcy filing by lender CIT Group (CIT). Earnings news released thus far during the day were bordering on the positive.http://www.rttnews.com/ArticleView.aspx?Id=1113586&Category=Market%20AnalysisMon, 02 Nov 2009 13:10:53 GMTThe major U.S. index futures are pointing to a lower opening on Friday. After a robust GDP report catalyzed a strong upward move on Wall Street on Thursday, some traders may be looking to take some money off the tables for want of more evidence on how the economy is faring. Earlier in the day, the Commerce Department said consumer spending, the lynchpin component of GDP, which showed resurgence in the third quarter on the artificial boost provided by the government, declined in September.http://www.rttnews.com/ArticleView.aspx?Id=1112147&Category=Market%20AnalysisFri, 30 Oct 2009 13:13:48 GMTThe major U.S. index futures are pointing to a higher opening on Thursday, with sentiment improving further following the release of the third quarter GDP report that showed bigger than expected GDP growth. Against this backdrop, commodity prices have turned higher. Aiding a temporary reprieve may be earnings from some major companies such as Motorola (MOT) and Procter-Gamble (PG).http://www.rttnews.com/ArticleView.aspx?Id=1110172&Category=Market%20AnalysisThu, 29 Oct 2009 13:07:06 GMTThe major U.S. index futures are pointing to a lower opening on Wednesday, with sentiment largely reflecting the skepticism of traders over a sustained recovery. The skepticism gained momentum following the release of a bleak consumer confidence reading yesterday. However, a report released earlier in the day showed an increase in durable goods orders, in line with expectations. A key gauge of capital spending also showed an increase.http://www.rttnews.com/ArticleView.aspx?Id=1108256&Category=Market%20AnalysisWed, 28 Oct 2009 13:13:29 GMTThe major U.S. index futures are pointing to a mixed opening on Tuesday, with sentiment expected to seesaw between optimism over a recovery underway and pessimism stemming from the fact that the recovery may be long drawn out and painful. Given the fact that S&P has broken a short-term uptrend, any negative tidings could drag it further lower. The markets may closely watch the results of the Conference Board's consumer confidence survey.http://www.rttnews.com/ArticleView.aspx?Id=1106377&Category=Market%20AnalysisTue, 27 Oct 2009 13:19:09 GMTThe major U.S. index futures are pointing to a modestly higher opening on Monday, with the major averages poised to rebounding from the previous session's slide. In the absence of economic data to digest, the markets may focus on earnings, which have so far been bordering on the positive. Commodity prices are pulling back slightly, reflecting apprehension among traders against the backdrop of their recent run up.http://www.rttnews.com/ArticleView.aspx?Id=1104622&Category=Market%20AnalysisMon, 26 Oct 2009 13:15:00 GMTThe major U.S. index futures are pointing to a higher opening on Friday, with positive earnings by bellwether companies such as Microsoft (MSFT) and Amazon (AMZN) lending support to recovery hopes. That said, sentiment largely depends on the existing home sales report to be released shortly after the markets open, especially after recent housing data relayed mixed messages. At the same time, the economic picture was blurred further after the U.K. economy contracted in the third quarter.http://www.rttnews.com/ArticleView.aspx?Id=1103347&Category=Market%20AnalysisFri, 23 Oct 2009 13:09:31 GMTThe major U.S. index futures are pointing to a mixed opening on Thursday, with the futures paring their gains after the weekly jobless claims report for the recent reporting week showing a bigger than expected increase in claims. Even as the markets to shed the lackluster phase of the past couple of sessions, mixed earnings and continuing uncertainty over a recovery should keep sentiment subdued. The markets may also focus on the Conference Board's leading indicators index.http://www.rttnews.com/ArticleView.aspx?Id=1101748&Category=Market%20AnalysisThu, 22 Oct 2009 13:10:32 GMTThe major U.S. index futures are pointing to a lower opening on Wednesday, with apprehensions about recovery and some mixed earnings reports dampening sentiment. In reaction to the muted outlook, commodity prices have turned lower. The oil space may see some volatility ahead of the release of the EIA's oil inventory report. Traders may also closely watch the Fed's Beige Book to read between lines, as they are confronting an uncertain economic outlook.http://www.rttnews.com/ArticleView.aspx?Id=1099920&Category=Market%20AnalysisWed, 21 Oct 2009 13:12:06 GMTThe major U.S. index futures are pointing to a modestly higher opening on Tuesday, with the early optimism tempered by a lukewarm housing starts report that showed a smaller-than-expected increase in the housing starts for September and a decline in building permits. That said, the markets are likely to derive support from fairly upbeat earnings reported by companies, including Apple (AAPL), Caterpillar (CAT) and Texas Instruments (TXN).http://www.rttnews.com/ArticleView.aspx?Id=1098333&Category=Market%20AnalysisTue, 20 Oct 2009 13:09:11 GMTThe major U.S. index futures are pointing to a higher opening on Monday, with sentiment improving after Friday's hiccup. A host of factors, including M&A deals, earnings optimism and a rally in commodity price, may help to keep sentiment upbeat. Traders may view positively the news emerging from China that said growth in the dragon country topped the 7% rate in the first three quarters of the year.http://www.rttnews.com/ArticleView.aspx?Id=1096851&Category=Market%20AnalysisMon, 19 Oct 2009 13:07:31 GMTThe major U.S. index futures are pointing to a lower opening on Friday, with sentiment reflecting the uneasiness of traders following the recent strong run up, especially after the release of lukewarm earnings reports by conglomerate General Electric (GE) and Bank of America (BAC). Commodity prices are seeing a pullback and therefore, the support the markets received yesterday from commodity-related stocks may be withdrawn.http://www.rttnews.com/ArticleView.aspx?Id=1095703&Category=Market%20AnalysisFri, 16 Oct 2009 13:04:27 GMTThe major U.S. index futures are pointing to a lower opening on Thursday, although sentiment is likely to oscillate between pessimism following the recent strong run up and optimism generated by the better than expected economic data released earlier in the day. Following the setback witnessed by the equity market futures and aided by profit taking, the U.S. dollar is staging a comeback and consequently gold prices are trading lower.http://www.rttnews.com/ArticleView.aspx?Id=1094530&Category=Market%20AnalysisThu, 15 Oct 2009 13:09:13 GMTThe major index futures are pointing to a higher opening on Wednesday, with the optimism reflecting positive earnings reported by blue chip companies such as Intel (INTC) and JP Morgan Chase (JPM). Crude oil continues to move higher, encouraged by a report that showed that exports by China fell at the slowest pace this year. Additionally, an economic report released earlier in the day showed that retail sales, excluding autos, remained fairly robust, suggesting that consumers are still spendinghttp://www.rttnews.com/ArticleView.aspx?Id=1093231&Category=Market%20AnalysisWed, 14 Oct 2009 13:08:43 GMTThe major index futures are pointing to a marginally higher opening on Tuesday. Even as stocks showed some tiredness following continued upward momentum, positive earnings optimism is keeping sentiment upbeat. The rally in the commodity prices is continuing, reflecting the lingering hopes that all may well that ends well. That said, the overbought levels of the markets, which is achieved without adequate support of fundamentals, faces the risk of a pullback.http://www.rttnews.com/ArticleView.aspx?Id=1091932&Category=Market%20AnalysisTue, 13 Oct 2009 13:14:16 GMTThe major index futures are pointing to a higher opening on Monday, with sentiment improving after earnings optimism catalyzed a strong upward move in the European markets. In reaction to the optimism generated by earnings, commodity prices are moving higher, sending commodity-related stocks higher. The dollar, a risk haven, is losing its appeal and is moving to the downside.http://www.rttnews.com/ArticleView.aspx?Id=1090852&Category=Market%20AnalysisMon, 12 Oct 2009 13:00:30 GMTThe major index futures are pointing to a lower opening on Friday, with traders likely to express apprehension, especially due to the fact that the markets have run up of late. Commodity prices are receding, as the dollar is gaining ground following Federal Reserve Chairman Ben Bernanke's comments about raising interest rates. A report released earlier in the day showed that the trade deficit unexpectedly narrowed, as export growth rebounded.http://www.rttnews.com/ArticleView.aspx?Id=1089829&Category=Market%20AnalysisFri, 09 Oct 2009 13:05:10 GMT