U.S. Economic health hinges on domestic-driven growth. The next recession likely remains well into the future. While the economic cycle has entered its eighth year, it still does not display late-cycle characteristics, such as significant wage pressures, high inflation or elevated interest rates. Domestic sectors, primarily centered around personal consumption, continue to spur economic growth.
Greece, creditors said to plan bailout talks in Brussels Tuesday. Greek Finance Minister Euclid Tsakalotos, Labor Minister Efi Achtsioglou, Deputy Finance Minister George Chouliarakis may travel to Brussels Tuesday for talks with representatives of bailout auditors, two officials familiar with the discussions says.
Asian stocks set to drift lower as Yen strengthens. Asian stocks look set to take their cue from a weaker U.S. equities session with the rising yen likely to weigh on shares in Tokyo.
Market in details
The yen traded at 110.87 per dollar as of 7 a.m. in Tokyo, after climbing 0.4 percent on Monday.
Euro gains as dovish ECB rhetoric meets profit-taking demand ;
Pound falls first time in three days as U.K. manufacturing slows
US Treasuries rally drives 10-Year yield to lowest since February
The S&P 500 lost 0.2 percent on Monday and the Stoxx Europe 600 Index slid 0.5 percent.
European stocks end four-day advance as bank shares lead losses
Gold futures advance, Industrial metals sag on Weaker US Auto sales
WTI holds losses as Libya rebound offsets OPEC cuts