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Markets Are Going Nowhere

Jul 30, 2013, 13:42 IST

en.wikipedia.orgThis is a significant week for markets and the economy, but it hasn't really gotten started yet.

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The real fireworks begin tomorrow, with the FOMC meeting, and of course end Friday, with the Non-Farm Payrolls report.

In the meantime, things are pretty quiet in markets.

Japan snapped its losing streak, with a gain of 1.5%. And China rallied.

European markets and US futures are somewhat up, but nothing to write home about.

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The Australian dollar had a rough night, on weak data and dovish talk. That's probably the most exciting thing.

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