Friday's Market Primer
Benzinga | Apr 19, 2013 07:44AM ET
U.S. equity futures rose Friday morning on a wave of strength from Europe and Asia. With little in the way of major economic releases today, bulls look to be having their way as commodities and markets are rising across the board heading into the weekend.
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In other news around the markets:
- S&P 500 futures were up 0.75 percent, showing considerable strength
- Gold is up 1.84 percent to 1,417.60
- EUR/USD rose 0.27 percent to 1.3085
- European commodity producers on the rise
- Lenovo said to be in talks to buy International Business Machine's (UA ) is expected to report quarterly EPS of $0.03 vs. $0.14 a year ago.Economics
The economic Calendar for Friday is pretty light on the U.S. side with only the ECRI Weekly annualized report coming out and an expected speech by FOMC member Jeremy Stein.On the international side we will be seeing the German PPI, Spanish Trade Balance, Italian Industrial Sales, and Canadian CPI.
BY Jake L'Ecuyer
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