Markets Are Lower To Start A Huge Day For The Economy
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Starting off with Asia, Japan fell 1.45% last night. The Nikkei has been wobbly lately, and Japan is riding a string of weak economic data.
Europe is generally lower. Italy is down 0.6% (despite a better than expected unemployment report) and Germany is off 0.37% despite a weak retail sales number. France is off by about the same amount.
US futures are just down a hair.
There are four big events in the US today.
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They are: The ADP Jobs report (which is a preview for Friday's official jobs report), the GDP report, Chicago PMI (a regional manufacturing index) and a Fed decision this afternoon.
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