All eyes on US data – and Yellen today

All eyes on US data – and Yellen today

The markets will be closely watching key US data this morning before turning attention to Fed chair Janet Yellen who’s at the HQ of the International Monetary Fund today, where she will deliver a lecture and meet with IMF managing director Christine Lagarde. The day starts with stats from ADP, the payroll processor, with its private-sector hiring report and there is also factory orders data to come following yesterday’s PMI report. The Labor Department’s job stats will be released tomorrow ,one day earlier than usual due to the July 4th holidays. US stock futures were slightly higher today as markets await the data. Read the full story.