Up or down? Investors can't make up their minds.

Stock markets are bouncing all over the place Tuesday after a stunning rally on Monday.

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Market overview

 

U.S. stock futures are looking weak Tuesday, though they have clawed back from earlier lows. European markets had initially been in the red, but are now climbing into positive territory.

In Asia, most markets closed the day with gains. Chinese stock markets remain closed for a holiday.

In the commodities market, prices are staying relatively steady. Oil is trading around $46 per barrel and gold is holding at $1,138 per ounce.


2. Stock market movers

DuPont, Facebook, Amazon: Shares in American chemical company DuPont (DCDEX) are rising by 5% after the firm announced CEO Ellen Kullman is retiring and a new interim CEO is taking over. This firm also cut its earnings expectations for the year, blaming the revision on a strong dollar.

Shares in Facebook (FB, Tech30) and Amazon (AMZN, Tech30) are dipping a touch premarket after Europe's top court made a ruling that could damage the way tech companies use and share data within their own business units. The court ruled that European countries have the right to ban U.S. companies from transferring data back to the U.S.


3. Earnings and economics

 

Pepsi's (PEP) earnings are coming out ahead of the market open.

After the close, the owner of KFC and Taco Bell will report results.

On the economic side, the Census Bureau will post the national trade balance for August at 8:30 a.m. ET. The deficit narrowed in July.


4. Monday market recap

 

All the major U.S. stock indexes shot up by more than 1.5% on Monday. The Dow Jones industrial average led the way with a 1.9% gain.

 

 

 

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What is it? It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

When? Tentative 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.

 

 

 

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What is it? As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? At 1:00pm Eastern Time. 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.

 

 

 

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What is it? It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

When? Tentative

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

 

 

 

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What is it? Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

When? At 8:30am Eastern Time. 

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

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What is it? Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

When? At 8:30am Eastern Time. 

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD rise.

 

 

 

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1. Wall Street opened higher on Monday, after a disappointing U.S. jobs report on Friday hardened views that the Federal Reserve will not raise interest rates this year.

Global stock markets rose on Monday with investors expecting the era of near-zero interest rates to continue for a while yet. Friday's U.S. nonfarm payrolls report for September showed job growth slowed in the last three months.

2. Russia is escalating Syria's civil war by targeting the moderate opposition, U.S. Defense Secretary Ash Carter said on Monday, comparing Moscow's effort to bolster Syrian President Bashar al-Assad to tethering itself to a sinking ship.

"By taking military action in Syria against moderate groups targets, Russia has escalated the civil war," Carter said in a speech during a trip to Spain.

3. The Institute of Supply Management non-manufacturing purchasing managers’ index fell more-than-expected in the last quarter, official data showed on Monday.

In a report, Institute for Supply Management said that ISM Non-Manufacturing PMI fell to a seasonally adjusted annual rate of 56.9, from 59.0 in the preceding quarter. Analysts had expected ISM Non-Manufacturing PMI to fall to 57.5 in the last quarter.

4. Uber Inc's aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets.

Just last week, the company faced a police raid on its European headquarters in the Netherlands, a criminal trial of two top executives in France, a ban on its services in Rio de Janeiro and proposed new regulations in London and Toronto that could cripple its services in those cities.

5. The dollar remained broadly lower against the other major currencies on Monday, as Friday's U.S. jobs data dampened expectations for a U.S. rate hike before the end of the year and as investors eyed an upcoming report on U.S. service sector activity.

The dollar was higher against the yen, with USD/JPY up 0.28% at 120.23, off Friday's one-month low of 118.66, as investors locked in profits on the greenback’s fall.

 

 

 

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Stocks in Europe joined a rally in commodities and emerging markets on speculation the Federal Reserve will not raise interest rates following signs of weakness in the U.S. economy.

The Stoxx Europe 600 Index rose a second day, and U.S. equity-index futures climbed after Friday’s worse-than-forecast jobs data sent the Standard & Poor’s 500 Index 1.4 percent higher. The MSCI Asia Pacific Index headed for its longest streak of gains since July. Commodities including copper and oil advanced, while the Bloomberg Dollar Spot Index dropped a third day.

Glencore Plc was buoyed in London amid reports the commodities trader is in talks with potential buyers of its agriculture business. “Interest-rate hikes for the moment are off the table,” said Patrick Spencer, equities vice chairman at Robert W. Baird & Co. in London. “It’s October, traditionally the market tends to rally here into year-end.”

The odds of Fed liftoff this month fell to 8 percent after U.S. reports showed the pace of hiring slowed in September and wage growth stalled, spurring speculation policy makers will take longer to remove stimulus that has helped repair the global economy.

With futures traders not seeing an increase from near zero until at least March, investors are returning to emerging-market assets and higher-yielding currencies. The Institute for Supply Management’s non-manufacturing index fell to 57.5 last month from 59 in August, economists said before today’s report.

 

 

 

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