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Friday, January 3, 2020

Friday Watch List

Markets
Friday's early reports will feature a manufacturing index report and construction spending. We will be watching South American weather updates for any changes, and any news regarding the U.S.-China phase one trade signing, expected to take place January 15 in Washington.

Weather
Rain, showers and thundershowers during Friday from the north and east Delta and the southeast to east-central Midwest through the east-central and southeast U.S. areas. The heaviest activity will occur in the southeast US to the Carolinas as thunderstorms develop. A band of mostly light snow or snow showers is expected to develop over the northwest Midwest and move into central areas of the Midwest during today. The northeast Midwest may also see snow or mixed precipitation tonight. Drier elsewhere in the key US crop and livestock areas Friday. In South America key growing areas of southern Brazil and central Argentina will be dry today but with cooler than normal temperatures.