Khuram Chaudhry
Khuram Chaudhry
closely consumer effect factor high oil prices related results retail watching
Retail results will also be closely watched. One other factor we're watching related to oil is the effect the high prices could have on consumer spending.
activity although both consumer cut data finding holding housing hungary industrial interest rates sweden
We're finding that the data from the U.S. on industrial activity were pretty weak. It's so-so on the consumer although housing activity is still holding up. When you look at Europe, Sweden and Hungary both cut interest rates this week.
data economic extent generally grow growing indicate line profits recovery slight strong troubled
There has been a slight softening in the economic data. Profits generally grow in line with the cycle, so if the economic data is growing sideways, or is not as strong as it was, then to what extent does that indicate (a) troubled recovery in profits?.
bottom earnings expected major quiet reached sharp week
This week is expected to be quiet with no major earnings reports, ... reached a bottom but a sharp upturn is unlikely.
appears impact likely markets positive review routine
While this appears no more than a routine reshuffle, September's review is likely the impact the markets in a positive way.
europe lower moving seem
We could see more of the same today, Europe is still moving lower on the back of where the U.S. was and the catalysts just don't seem to be there.
both moves sharp
We've had very sharp moves both in the U.S. and international markets,
bit data direction economic expected interest latest reason softer
One reason the futures may be up is because the latest economic data have been a bit softer than expected and that better for the direction of interest rates.
bit cautious continued data economy exactly greenspan hear improvement interest investors shown signs suffering until
There is a little bit of uncertainty about what exactly Mr. Greenspan will say today. Investors want to hear about interest rates. Yes, the economy has shown some signs of suffering recently, but that's countered by other data indicating continued improvement overall. Investors are cautious until they hear more from Greenspan today.
bad continue emerge european likely news regard seen
We've seen a lot of bad news emerge from the U.S., ... and it's likely to continue with regard to European companies.
bank cut england europe european good interest japan joined markets moved news rates time turnaround
Markets in Europe moved down after a turnaround in the U.S. markets. The good news was that the Bank of England cut interest rates at the same time other European bourses and the Bank of Japan joined in.
coming corporate data dollar early economic european focus helping higher numbers positive pulled stocks tech translate weak
I think the focus in the U.S. is on economic data coming out -- things like U.S. import prices. You find a weak dollar will translate into higher import prices. In corporate news, Cisco's numbers could have a positive impact, it was helping some of the European tech stocks early ... but European bourses have pulled back a bit.
few market past sector seen stock today weeks
Today has been different from the past few weeks as we have seen real capitulation in the market as every stock and every sector is down.
crude cyclical data economic hard help iraq lift numbers oil services showing trigger
We have to see hard numbers on economic data showing there is some lift in the manufacturing and services sectors. The other trigger is very much Iraq -- if crude oil comes off significantly that should help the cyclical stocks.