Markets Are Rising... Again
Oct 30, 2013, 13:47 IST
World markets continue to feel like they're on autopilot and that nothing can go wrong.
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Gains are being seen everywhere today.
Asian equities had a big session, with Japan gaining 1.2% and China rising 1.48%.
European markets are higher. Germany is up 0.5% and Italy is up 0.3%.
And US futures are modestly higher.
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Later in the day today we get the ADP Jobs report (8:15 ET), which will give us a look at private payroll growth for October. There's no Non-Farm Payrolls report this week due to shutdown-related scheduling changes. So we'll get that a week from Friday.
This afternoon we get the latest decision from the FOMC. The expectation is that they will change nothing.