What to Know Before Trading Today!!!
Stocks were generally higher throughout Asia
Stocks were generally higher throughout Asia. Australia was up 1.6% on the session, the Nikkei added 1.4%, and so too did Shanghai as it reopened for business on Monday after a few days off, and the Hang Seng was up one percent. European indexes are currently mixed, but with small changes; the Footsie is essentially unchanged and the Dax is up a slight fraction. US stock futures are up just a few ticks as I write.*The August reading of China's Leading Index was down a couple tenths to 101.91, the sixth consecutive decline for this economic measure.
*The August reading of Japan's Balance of Trade was a surplus of Y589.7 billion, down 0.9% from the month before. Exports were up 15.8% from last August, but fImports grew 17.9% in the last year.
*There are a couple of Fed surveys set for today. The August reading of the Chicago Fed National Activity Index is due to released at 7:30am CDT, it is expected to be -0.50, down from an unchanged result in July. The September reading of the Dallas Fed Manufacturing Activity Index is due out at 9:30am CDT, it is forecast to improve to -7.0 from -13.5 the month before.
*The Treasury plans to sell $36 billion 2 Year Notes today, the results of the auction will be announced just after noon CDT.
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What to Know Before Trading Today!!!
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