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Wall Street All Set To Bounce Back

Wall Street All Set To Bounce Back
The markets are expected to be back with vigour, shrugging off a period of rough trading days. Early signs from the U.S. Futures Index suggest that Wall Street might open higher. Asian shares finished higher, while European shares are trading all positive. The investors are keen on the scheduled panel discussion involving Federal Reserve Chairman Jerome Powell, European Central Bank... Read More

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

Wall Street To Open In Red

Wall Street To Open In Red
The investors are watching latest developments in U.S.-North Korea discussions. In an unexpected turn of events, North Korea revealed that its Vice Chairman Kim Yong Chol will visit U.S, reviving hope for a historic Trump-Kim summit soon. Oil prices are also closely monitored Asian shares closed broadly lower, while European shares finished in the red. Early signs from the U.S.... Read More

Wall Street To Bounce Back

Wall Street To Bounce Back
All eyes are on U.S. GDP data and Fed’s Beige Book to be released Wednesday. Analysts project that GDP will be slower that the prior quarter. Early signs from U.S. Futures Index are pointing to a moderately higher opening on Wall Street. Asian shares closed in the red, while European shares are trading lower. As of 8.00 am ET, the... Read More