Markets are now very sensitive to data.
Worse ISM on Tuesday and worse ADP yesterday
have sent stocks lower and have generated a broad risk-off tone.
Today everything hinges on the ISM Non-Manuf.
report due at 16.00 CET.
If, as we expect, the print comes in worse, we will look to sell the Dow.
Target is 25250s.
Worse ISM on Tuesday and worse ADP yesterday
have sent stocks lower and have generated a broad risk-off tone.
Today everything hinges on the ISM Non-Manuf.
report due at 16.00 CET.
If, as we expect, the print comes in worse, we will look to sell the Dow.
Target is 25250s.