US PPI is coming up next

Happy Friday. The July producer price index is due at the bottom of the hour and might be a minor market mover. The consensus is +0.7% y/y on the headline and +2.3% y/y on core. At 10 am ET, the August US consumer sentiment report from the University of Michigan is due out. I have

Stocks see early optimism cool with US jobs report coming up

Here’s a snapshot of the equities space at the moment: Eurostoxx +0.1% Germany DAX -0.3% France CAC 40 +0.1% UK FTSE -0.3% S&P 500 futures +0.1% Nasdaq futures +0.3% Dow futures flat That’s hardly indicative of a more positive risk sentiment, the one that we saw from Asia and early trading in Europe. There are