Daily Market Update – September 2, 2016







MONDAY:   Oil and the Employment Situation Report should be the stories for the week, with interest rates maybe taking a break until the latter is released on Friday

TUESDAY:   After an unexpectedly strong day yesterday, it looks as if the futures are back on track for summer doldrums, although Friday’s Employment Situation Report still beckons

WEDNESDAY: It looks as if it might continue to be quiet today as most are awaiting Friday’s Employment Situation Report and debating September versus December, forgetting that the FOMC has said that an off cycle announcement is a possibility.

THURSDAY:  Yesterday seemed to follow oil lower, but we are still in a tight range and that appears to be continuing in the morning’s futures as we all await tomorrow’s Employment Situation report

FRIDAY:.  Today may be a big day to cap off a week that has done little but continue the general trend of doing little over the past month





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