Markets Remain Optimistic On EU Deal
– The major U.S. index futures are pointing to a modestly higher opening on Friday, with sentiment receiving a lift from the fact that the EU nations have agreed to boost funding to the IMF by 200 billion euros. Additionally, most euro area leaders have also agreed to adopt stricter deficit control mechanism. That said, U.K. has expressed its reservation about the deal and has called for some special concessions for the nation if it has to throw its weight behind the deal.
The wrangling may create some indecision in the markets, although they are largely convinced about commitment of the eurozone leaders this time around. A domestic economic report released earlier in the day showed that the U.S. trade deficit unexpectedly narrowed in October. The markets may also focus on a consumer sentiment report due after the markets open even as some apprehension may be expressed about lackluster guidance issued by some tech companies.
U.S.

The Verdict: The Visa Gold card is a good choice for many members of BFSFCU. This credit card is intended as a starter card and works very well as a backup card for emergencies. It has a full range of travel benefits, no annual fee and a very reasonable APR, particularly for members that don’t have a long credit history. There is also a very low introductory APR for one year and no fees for balance transfers, making this card very appealing.