• China leads world stocks higher ahead of Fed rate decision

    7 monthes ago - By Reuters

    An advance in Chinese equity markets set a modestly positive tone for world stocks on Wednesday, despite continued trade tensions with the United States, as investors awaited an expected interest rate increase by the U.S. Federal Reserve.
    Read more ...


  • The Latest: Markets cautious ahead of Fed rate decision

    7 monthes ago - By Chron

    NEW YORK - The Latest on the Federal Reserve's monetary policy meeting :
    10:45 a.m.
    Financial markets held steady Wednesday as investors waited for the Federal Reserve's latest decision on interest rate policy.
    The Fed was widely expected to make the third increase this year in its benchmark short-term interest rate.
    Investors will be closely watching to see what the Fed and Chairman Jerome Powell say about what's coming next. Another increase is expected in December, with more to follow next year.
    Rates are still low, but investors worry a quick jump would unsettle markets and halt what's...
    Read more ...


  • Fed likely to raise rates, possibly end 'accommodative' policy era

    7 monthes ago - By Reuters

    European shares broadly held their ground on Wednesday morning following limited gains on Asian stock markets ahead of a widely expected rate hike by the Federal Reserve in the U.S. As David Pollard reports, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening leaving others behind.
    Read more ...


  • Fed Decision Looms For Dow Jones Industrial Average

    7 monthes ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis recaps Tuesday's market action and previews Wednesday's session, which will include the all-important Fed announcement.
    Economic numbers came in as expected on Tuesday. The Consumer Confidence number came in at a strong 138.4. Equities were having a tough time determining direction as the major indices floundered. They opened slightly higher, but quickly began a slow and steady move to the downside. The move lasted until the final bell. The NDX was holding up better with some of the largest Techs holding it up. By the end of...
    Read more ...


  • What To Look For In Markets Ahead of Fed's Decision

    7 monthes ago - By Forbes

    Markets are not concerned about the Trump's speech at the United Nations Assembly. The focus is on the Fed policy, another rate hike is a done deal. All eyes are on the Fed's future inflation and GDP forecast which will move the dollar index
    Read more ...