Highlights
Oil prices continue lower after Thursday's declines amid somewhat more hopeful headlines coming from the Middle East. Bond yields are up after Thursday's declines but remain below recent highs. The headlines include reports that the Saudis are repairing their key East-West oil pipeline damaged by Houthi attacks. A somewhat dovish policy rate hike from the Bank of Japan overnight, featuring two dissents, has inspired risk appetite and global stock markets.
US economic news includes industrial production at 9:15 am ET and leading indicators at 10 am ET. Industrial production is expected up 0.3 percent in August and capacity utilization at 76.4 percent versus 76.3 percent in July.
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