Welcome to Wednesday’s ‘Just A Minute’. Here’s a 60 second summary what’s happening in the markets today:

• Main trading events of the day: U.S. ADP Non-Farm Employment Change @ 08.15, CAD Building Permits m/m @ 08.30 & @ U.S. ISM Non-Manufacturing PMI @10.00 GMT
• Stocks to watch: GlaxoSmithKline PLC, Twitter Inc, Walt Disney Company
• Trader Tip For The Day: Watch Twitter & Walt Disney prices as earnings releases are expected today

What We’re Watching Today: Stock Markets

A big earnings day today as Twitter is due to post its first quarter report. Most analysts remain cautious on the stock, which some see as overvalued. We’re also still keeping an eye on the S&P and emerging stocks. U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding following the biggest drop since June and added 0.8 percent. Turkey’s lira led gains among emerging-market currencies but overall, a gauge of stocks in developing nations extended its worst-ever start to a year.

Today’s Headline:

Emerging Markets Turmoil Sparks Credit Crunch Fears

Very much in the news right now, we continue to monitor the activities of emerging markets and possible economic repercussions. As economic growth slows in Brazil, India and China, there are fears that capital outflows out of these countries could be the first signs of a credit crunch — and the third stage of the global financial crisis after the U.S. subprime rout and the euro zone’s debt woes. lberto Gallo, who heads European macroeconomic credit research at RBS, said the outflows were indicators that two major emerging market economies, Brazil and China, were already in the early stages of a credit crunch. Banks create a credit crunch when they become more cautious to lend out and push up the cost of borrowing, making it harder and harder for companies to borrow to grow their businesses. A credit crunch is normally a sure sign a country’s economy is heading into stormy waters. Some analysts are even referring to the current emerging market turmoil as the “third leg” of the global financial crisis that struck in 2007.

Tech:

Google Wallet

Here’s an interesting one for our app fans. While Google Wallet has allowed you to store physical loyalty cards inside its app for some time, having to type in a long series of numbers tended to discourage people from adding them. An update that rolls out on iOS today (and on Android last week) uses your smartphone’s camera to take a picture of the barcode and then adds the loyalty card to your digital wallet. The app can also alert you via push notification when you pass by a store where you have enrolled in the loyalty program. Given how often people abandon their loyalty programs, it could also help people get the rewards they dreamed of getting when they first signed up for a card. Google Wallet has until now been a troubled product but today’s updates make it far more useful. Keep an eye on Google prices today (when don’t we!)

That sums up Wednesday’s highlights! Remember, watch for those important earnings announcements today and keep in touch with us on Facebook, Google+ & Twitter for all the latest news, information, tips and more! Trade with the experts and become a superior trader!