U.S. Index Futures are Pointing to a Sharply Lower, it is Because Lack Of Clarity On Economic Outlook Causing Anxiety

Stock market and forex market is so volatile, economic data in US is rarely good but Lack Of Clarity On Economic Outlook Causing Anxiety, The major U.S. index futures are pointing to a sharply lower opening on Friday, with investors and forex traders sentiment weighed down by apprehension concerning economy's strength. Somehow an economic report released earlier in the day showed that both consumer spending and personal income for April trailed expectations.

Ben Bernanke statement is really lack of clarity, Although soft data is a pointer towards continued stimulus support, consistent weakening of the economy could trigger anxiety and more lower. Investors and forex traders may also focus on the results of a regional manufacturing survey and a consumer sentiment reading due shortly after the markets open, as they plan their moves in the overbought markets