off-the-wire

LIVE MARKETS-European futures flat as investors weigh U.S. data

Kitco Media
By Reuters
Published:
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Reuters
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EUROPEAN FUTURES FLAT AS INVESTORS WEIGH U.S. DATA (0648 GMT) European futures are about flat as investors weighed how pivotal U.S. jobs data coming out on a stock trading holiday would impact Federal Reserve policy, after a raft of sluggish economic data this week. The closely watched U.S. non-farm payrolls report on Friday, when many markets globally are closed, will follow disappointing services sector data from the Institute for Supply Management (ISM) and private employment figures on Wednesday, as well as a slump in U.S. March manufacturing activity at the start of the week. Globally, equity investors were inclined to take money off the table after recent strong gains and with many global markets heading into a holiday for Good Friday.


(Joice Alves)
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