Watching for Clues and Waiting for a Trade Deal
While trade continues to be on the minds of investors, economic concerns have once again moved to the forefront as investors fret that the ECB isn’t going far enough to stave off a slowdown in the global economy. As for trade, the market awaits details of a possible accord between the U.S. and China. If the global economy continues to slip, investors fear it will become harder and harder for the U.S. economy to continue its current pace of growth. The market will be looking hard at Friday’s U.S. jobs report for additional clues on what the future holds. 10-year Treasury yields have come in to their lowest levels of the month as they currently sit at 2.65 percent.