There isn’t much action in the European markets right now.
Britain’s FTSE is flat.
France’s CAC 40 is up 0.1%.
Germany’s DAX is down 0.1%.
Spain’s IBEX is down 0.2%.
Italy’s FTSE MIB is flat.
This follows a day of very modest moves in the U.S.
Later today, the U.S. will release it’s latest monthly report on durable goods orders. Economists estimate orders fell 1.7% in January. Nondefense capital goods orders excluding aircraft — an important measure of business investment — is estimate to have slipped by 0.2%.
Also, Federal Reserve chair Janet Yellen will be testifying before the Senate Banking Committee for the second half of her Semiannual Monetary Policy Report to Congress.
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