Wednesday, August 17, 2016

Sore Retail Earnings, Weak Commodities Could Dampen Mood Further

The major U.S. index futures are pointing to a mixed opening on Wednesday,ÿÿwith sentiment reflecting risk aversion, which is manifested in the dollar strengthening and commodities weakening. Weak retail earnings and valuation concerns could also engender negative sentiment. In the absence of any major economic news, the markets could go about within the recent trading range with a negative bias.

from RTT - Market Analysis http://ift.tt/2brIHmy
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