European stocks are heading for a mixed open on Tuesday as global markets are gearing up for the latest reading of U.S. inflation, with August data due.
The recent relief rally in stocks is likely another bear market bounce and investors should position for more choppiness ahead, according to Wells Fargo.
Such recoveries happen in nearly every bear market and many are quickly reversed, leaving investors with regrets, they added. In the meantime, Ma recommends investors look for defensive stocks with low volatility, high dividends and share repurchase yields. He also says investors should go for high quality names with profitability and leading market share and affordable market price.U.S. stock futures were higher Monday night as Wall Street looks ahead to the August consumer price index report set to be released Tuesday morning. The report will give investors an update on the inflation situation in the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European Stocks Head for Higher Open as Global Markets Await More U.S. Inflation DataGlobal markets are gearing up for the latest reading of U.S. inflation, with the August data set to be released Tuesday.
Read more »
Treasury Yields Edge Lower Ahead of U.S. Consumer Expectations ReportBond yields were down slightly on Monday as markets awaited data on consumer inflation expectations.
Read more »
Stock Futures Rise as Wall Street Looks Ahead to Key Inflation DataWall Street is awaiting key inflation data this week.
Read more »
FX Week Ahead - Top 5 Events: UK Jobs Report; US Inflation Rate; UK Inflation Rate; Australia Jobs Report; US Retail SalesThe middle of September has inflation data and labor markets in focus, particularly for the British Pound. The Federal Reserve is in its communications blackout period, increasing the potency of the August US CPI and August US retail sales.
Read more »
USD/CNH Price Analysis: Struggles around 6.9200 as bears keep reinsUSD/CNH Price Analysis: Struggles around 6.9200 as bears keep reins – by anilpanchal7 USDCNY Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »