Morning Minters...where to today. Will USA data figure after Tuesday's negative data, regardless of how today's comes down, it'll probably cause nothing less than a blip--but it WILL hit hard when punters return Monday.
"U.S. DATA
A measure of U.S. manufacturing activity due at 1500 GMT was likely to have edged into positive territory in December for the first time since August, analysts say, which would raise hopes that the economy's weak patch may be nearing an end. Economists on average expect the Institute for Supply Management's manufacturing index to creep up to 50.3 from a weaker-than-expected reading of 49.2 in November. A level above 50 indicates expansion in the sector, while a reading below that level points to contraction. Jobless claims, due at 1330 GMT, are seen at 391,000."
IT doesn't mean much, but CMC got FTSE down just now at around 3915.
Thus stock quotes
Thus stock charts
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