Watching Trump: Market Focuses On Press Conference Amid Lack Of Data, Earnings

From Commodities
January 11, 2017 - 9:53am
With no major economic data on today’s schedule and key earnings still a couple days away, President-elect Donald Trump takes the spotlight this morning as market participants await his first press conference since the election last November. Trump’s press conference is scheduled for 11 a.m. ET, and it could be interesting to hear what, if anything, he has to say about taxes, among other subjects (see below). Aside from Trump, the market awaits a slew of key earnings reports from some of the big banks early Friday, as well as producer price index (PPI) and retail sales data,

Continue reading this article »