U.S. stock index futures are fractionally lower this morning after a mixed-bag session in Asia and currently weak trading in Eurozone and U.K. markets.
The biggest headline news of the day doesn’t concern a company or the United States. It is instead the flare-up of inflation in China that has markets most concerned.
BBBY ChartThe prospect of a higher yuan, along with a possible easing of stimulus measures in China, has many concerned that the great driver of the global economic recovery might have to tap on the brakes before long. That would have ripple effects everywhere
Full story: China inflation fears rise; futures slip