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Another calm day for the U.S economy
(MENAFN– ecpulse) Ahead of us is another calm day for the U.S economy before the release of retail sales and inflation later on this week with actually mixed sentiments still sensed and spread having overall markets reigned by recent fluctuations within geopolitical tensions and updates.
This precedes after that the U.S economy witnessed better than projected data revealed regarding the labor and services sectors along with a narrowed deficit throughout the prior week.
In fact growing sanctions fight between Russia and the West over Moscow`s backing of rebels in Ukraine and U.S. air strikes to block Islamist militants in Iraq are also upsetting the markets.
The usual raft of economic data and company earnings releases likely to play second fiddle to the situation in Russia and Iraq.
Otherwise investors are weighing tensions in Ukraine and the Middle East with improving economic data and corporate earnings.
Keeping in mind that yesterday we saw the yellow precious metal narrow trading after that its prices were poised to decline as investors sent holdings to the lowest in almost five years amid easing tensions in Ukraine.
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