US Futures are Higher this Morning Ahead of the Fed’s July Meeting Minutes

US futures are higher this morning ahead of the Fed’s July meeting minutes.  In economic data, housing starts for July came in below expectations and mortgage applications rose 0.1% last week.  Earnings season is winding down with Target reporting better than expected earnings before the bell.  Later today we will get earnings from L Brands and Cisco.  Markets in Asia closed mixed with the Shanghai index down slightly while the Hang Seng closed higher.  European markets are trading higher led by the CAC.

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US Futures are Higher this Morning as Tensions with North Korea Eased and Economic Data Came in Better Than Expected

US futures are higher this morning as tensions with North Korea eased and economic data came in better than expected.  North Korea announced they will not launch a missile attack on Guam but warned they may still attack if they are provoked by the US.  In economic data, retail sales came in better than expected and the Empire State manufacturing index rose more than expected.  Markets in Asia closed higher led by the Nikkei and European markets are trading higher led by the CAC as global markets rally following statements out of North Korea.


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US Futures are Higher this Morning as they Track Global Markets Higher

US futures are higher this morning as they track global markets higher.  Asian markets closed mostly higher with the Hang Seng leading the way and markets in Europe are trading higher led by the DAX as tensions in North Korea eased.  Markets were down sharply last week as tensions between North Korea and the US rose with North Korea warning the US that they may launch missiles toward Guam, a US territory.  No major economic data is due out today.

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United Asset Strategies - Phone System Problems Today

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US Futures are Lower this Morning as Geopolitical Risks with North Korea Continue to Rise

US futures are lower this morning as geopolitical risks with North Korea continue to rise.  In response to President Trump’s comments of “fire and fury,” North Korea laid out plans to fire missiles towards Guam as a warning as tensions rose between the US and North Korea.  In economic data, weekly jobless claims came in 244,000 compared to estimates of 240,000 and the producer price index came in below expectations.  Markets in Asia closed lower led by the Hang Seng and European markets are trading lower led by the FTSE.           

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