US futures and European markets are up; while NFP data for the US and economic indicators for Europe are in focus
US Markets recorded another record high on Friday and the European markets also echoed similar sentiment after posting a third successive positive week. US stock futures and European markets are off from their high and are trading mix, but investors are optimistic about the economic growth and that the central bank would continue to support their investments.
A cautious mood is generally the idea among traders today, as we are set to unravel the batch of the delayed US economic data. The US non farm payroll data will kick start the economic engine tomorrow and if there was no government shut down, this economic data could have been the key factor in determining the tapering quiz for the Federal Reserve’s chairman, Ben Bernanke.
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