Good morning and a happy last day of June first day of a short week to all! Seems most of the econ report are at the latter part of the week (unemployment on Thurs) and today we only got Chicago PMI and Pending Home Sales. Future traders have metals down and stocks off a tad along w/ other markets. Interesting morning stuff:
- Global stocks set for quarterly gains, euro zone inflation eyed Reuters - 2 hours ago LONDON (Reuters) - Global stocks rose on Monday, on track for their fourth straight quarter of gains, as investors bet that a raft of U.S.
- Asian stock markets inch higher Businessweek - 6 hours ago SEOUL, South Korea (AP) - Asian stock markets inched higher Monday as investors prepared for a busy week of economic news that will give new clues about the strength of the global recovery.
- Deadline Nears at West Coast Ports Which Could Disrupt Retailers SavingAdvice.com - 7 hours ago There's no need for outright panic at the moment, but retailers are becoming a little less at ease as labor negotiations between shipping companies and dockworkers for West Coast ports continue. Reuters
- U.S. to unveil near $9 billion fine for France's BNP The U.S. Justice Department is expected to announce on Monday a settlement with BNP Paribas involving a record fine of nearly $9 billion over alleged U.S. sanctions violations by France’s biggest bank.
- The Return of Window Dressing? Nick Mastrandrea - Market Tea Leaves - 29 mins ago Given that today marks the last trading day of this quarter will we see window dressing in the markets? Read on to learn more... (full story)
- The Sharing Economy Has the 'Mad Men' Scared to Death - Phil Mills, RCM