Khuram Chaudhry
Khuram Chaudhry
bit cautious continued data economy exactly greenspan hear improvement interest investors shown signs suffering until
There is a little bit of uncertainty about what exactly Mr. Greenspan will say today. Investors want to hear about interest rates. Yes, the economy has shown some signs of suffering recently, but that's countered by other data indicating continued improvement overall. Investors are cautious until they hear more from Greenspan today.
activity although both consumer cut data finding holding housing hungary industrial interest rates sweden
We're finding that the data from the U.S. on industrial activity were pretty weak. It's so-so on the consumer although housing activity is still holding up. When you look at Europe, Sweden and Hungary both cut interest rates this week.
bad continue emerge european likely news regard seen
We've seen a lot of bad news emerge from the U.S., ... and it's likely to continue with regard to European companies.
closely consumer effect factor high oil prices related results retail watching
Retail results will also be closely watched. One other factor we're watching related to oil is the effect the high prices could have on consumer spending.