Stock market is expected to open flat higher tomorrow. Fed will purchase big tomorrow between 10.15 am EST and 11 am EST. Market will close early tomorrow at 1 pm EST. Overall VIX is expected to decline and market is expected to rally ahead of long weekend. There could be some selling pressure at the close because of the Friday big job report. Overall it will be low volume day.
I'll be watching BRY, LINE, TNA, DMND, BBRY, MCP
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 3:48 | EUR | French Services PMI | med | 46.5 | 46.5 | |||||
| 3:53 | EUR | German Services PMI | med | 51.3 | 51.3 | |||||
| 3:58 | EUR | Composite PMI | med | 48.9 | 48.9 | |||||
| 3:58 | EUR | Services PMI | med | 48.6 | 48.6 | |||||
| 5:00 | EUR | Retail Trade | high | -1.9 | -1.1 | |||||
| 5:00 | EUR | Retail Trade | high | 0.3 | -0.5 | |||||
| 5:30 | EUR | European parliament vote on Latvia's bid to join the Euro | low | |||||||
| 6:30 | EUR | European Parliament vote on UCITS rules | low | |||||||
| 8:15 | USD | ADP Employment Survey | med | 160 | 135 | |||||
| 8:30 | USD | Initial Claims | med | 345 | 346 | |||||
| 8:30 | USD | Trade Balance | med | -40.1 | -40.3 | |||||
| 10:00 | USD | Ism non-manufacturing | high | 54 | 53.7 | |||||
| 20:00 | USD | Market Holiday - Independence Day | low | |||||||
| 20:00 | EUR | French EU Tav Commissioner Semeta to meet FinMin Moscovici and OECD tax director Saint-Amans in Paris | low | |||||||
