Friday, June 19, 2009

The Market On Friday

Futures are up this morning. Optimism is a key word in today's financial articles. Investors are pleased with Thursday's data on US employment figures and factory activity. This news has extended worldwide as the European markets are at present seeing increases.

Several key market elements are in play with the dollar slightly dropping in world currency contextual value and the price of oil again slightly rising.

Hooray its Friday!

Reuters: U.S. stock futures signal gains; eyes on RIM
The International Monetary Fund is likely to revise its 2010 growth forecast for the world economy up with signs the rate of decline in global output has moderated...

...too early to declare victory, with financial conditions far from normal and the world economy still in recession.

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