Wall Street Positive Ahead Of FOMC Announcements

Wall Street Positive Ahead Of FOMC Announcements
The focus of investors are on the FOMC meeting announcements and the press conference there after scheduled Wednesday afternoon. The analysts are expecting improvements in inflation and Fed to raise interest rates by 25 basis points. Early trading trends on U.S. Futures index suggest that Wall Street will open with a positive bias. Asian shares finished mixed, while European shares... Read More

Fed Announcement In Focus On Wall Street

Fed Announcement In Focus On Wall Street
The major U.S. index futures are pointing to a higher opening on Wednesday as traders look ahead to the Federal Reserve’s monetary policy announcement. Upward momentum may contribute to early strength among stocks, although trading activity is likely to be somewhat subdued ahead of the Fed’s announcement. The Fed is scheduled to announce its monetary policy decision at 2 pm... Read More