Equity futures are sharply lower this morning ahead of several key data points for the U.S. “The whiff of uncertainty is still in the air on this Friday morning, ahead of a handful of U.S. economic data,” said economists at BMO. “Indeed, with the slew of data from Europe and China now out of the way this week, the focus returns squarely on North America and, in particular, the U.S.” Ninety minutes before the opening bell, Dow futures are off 64 points to 10,709 and S&P 500 futures are down 11.50 points to 1,145.25. The 2 year Treasury note is 2.5 basis points lower at 0.81% and the benchmark 10 year Treasury note is 3.6 basis points lower at 3.502%. The Fannie Mae 4.5 MBS coupon is +0-04 at 101-11. Meantime, the euro fell to as low as $1.2433USD overnight, its worst...(read more)

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