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10 cues that will help you trade better today

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.

October 31, 2011 / 09:19 IST
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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
first published: Oct 31, 2011 07:43 am

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