It's been a quiet week so far on the economic data front but that all changes today with a deluge of numbers at the bottom of the hour:
- Q4 advance GDP
- Durable goods orders
- Initial jobless claims
- Advance goods trade balance
- Wholesale inventories
Then at 10 am ET it's:
- New home sales
THe US dollar is a touch softer today despite higher yields. The risk tone has improved with S&P 500 futures up 22 points.
