Ahead of the Fed protocols: Expected steady opening on Wall Street
The futures contracts on leading indices on Wall Street signaling a stable opening of the trading day, in view of the fall in the European stock exchanges and after the locking of the Asian stock markets in a mixed trend.
Yesterday Wall Street locked with declines when the three leading indices retreated from the new high they climbed.
The futures contracts on leading indices on Wall Street are signalling on a stable opening of the trading day
Together with the early forecasts, yesterday the Federal Reserve left the US interest rates unchanged.
The trading on Wall Street last night ended in a mixed trend in tense anticipation to the Fed’s interest rate decision today and the Japanese central bank over the weekend.
The Fed is expected to leave the interest the same level, 0.50%,but investors will try to see whether the tone of the US central bank has changed and will try to extract clues about when the next interest rate rise will be.
The futures contracts on Wall Street pointing of stability at the opening of trading.
Yesterday, the stock markets closed with prices declines.
The meeting of the Open Market Committee of the Federal Reserve will open today, where the interest rate decision will be announced, and the estimates are that it will remain unchanged.
Traders around the world are waiting anxiously for two major events to be held later in the week:
The interest rate and monetary policy of the US Federal Reserve and the interest rate announcement of the Bank of Japan.
According to market forecasts, the Japanese bank will put into effect some monetary incentives in order to weaken the Japanese yen, which strengthened after the withdrawal of Britain from the European Union, and to encourage their growth.
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