10 cues that will help you trade better today

Moneycontrol Bureau

On Friday, the US markets closed out a volatile week mixed, registering modest gains as part of what is shaping up to be the market's best month ever.

US economic data:

Personal income grew just 0.1% in September however consumers increased spending by 0.6%. Also the final October reading for consumer sentiment came in above expectations at a 60.9.

European markets:

On Friday, European markets ended mixed post the European Leaders Summit. Positive sentiment arising from strong US economic data drove the markets higher.

Events to watch out for this week:

The FED will hold its second to last meeting of the year on Tuesday and Wednesday. There is some speculation in the market that the FED could start up a new quantitative easing programme