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NewsWare's Trade Talk: Tuesday, March 12
Manage episode 406065912 series 3349023
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S&P Futures are positive this morning with this morning's CPI release in focus. The February report is likely to reflect a continued gradual disinflation process in the US, although the inflation rate remains elevated. In an interview last night, JPM CEO Jamie Dimon suggested the Fed needs to wait longer before cutting interest rates. Shares of ORCL are higher by 13% this morning after last night's earning release. In Europe, markets are trading higher Oil prices are gaining this morning ahead of the release of the monthly OPEC report.
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