Morning Bid: Business brakes in June swoon, dollar jumps

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A look at the day ahead in U.S. and global markets from Mike Dolan

surveys also showed sub-forecast growth and markets nervously await the U.S. version later on Friday. The dollar was the big market mover - surging into the weekend against Asia and European currencies.

For stock and commodity markets, the latest brush strokes to the combined picture provided another reason to reverse some of June's ebullience, with European stocksEven though Shanghai was closed for a holiday, other Asia bourses were also lower by more than 1% on Friday. Compared with Europe, the picture appears more benign stateside - even if still complicated. Inflation is falling faster, real wage growth is back positive, theSo even as stock prices have come off the year's highs, the VIX

 

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