Equity markets are the main driver as earnings continue to roll in.
Apple shares are up 2.1% after upbeat forecasts while Coca-Cola guided but the overall mood is upbeat with S&P futures up 9 points. In Canada, CP Rail missed on the top and bottom line but that hasn’t slowed early Canadian dollar gains.
The big news in Asia-Pacific trading was slight stronger Chinese GDP.
The lone data point to watch is US September existing home sales at 10 am ET (1400 GMT). The SNB’s Zurbruegg also speaks in Geneva two hours later.
Given the backdrop it will be moves in stocks and bonds along with headlines out of Europe (like ECB corporate bond non-buying) that will be the drivers.
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