Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Futures point to modestly higher open on Wall Street ahead of Federal Reserve ...


Dow futures traded 5 points lower, with share of both Visa and Pfizer climbing in the premarket.


While the Fed is not expected to raise rates following its two-day meeting, many market participants believe the central bank will announce the unwinding of its $4.5 trillion portfolio.


Investors will also see existing home sales for August released at around 10 a.m.


In oil markets, Brent crude traded at around $55.79 a barrel on Tuesday morning, up 1.18 percent, while U.S. crude was around $50.06 a barrel, up 1.17 percent.


Oil prices rose on Wednesday after the Iraqi oil minister suggested OPEC and its partners were debating whether to extend or deepen supply cuts in order to clear a global overhang.




READ MORE (CNBC)


  • Stocks Slip, Dollar Weakens Before Fed; Oil Rises: Markets WrapBloomberg
  • Stocks notch up new high but it's all about the FedYahoo Finance
  • FOREX-Dollar index rises as Fed forecast hints at December rate hikeNasdaq
  • Commodities - Gold Prices Bounce Back on Softer Dollar Ahead of FedYahoo Finance
  • World stocks notch up new high but it's all about the FedYahoo Finance
  • Trump's North Korea threat lifts gold ahead of Fed statementYahoo Finance
  • Fed to Pack Up Crisis Tool, Debate Next Hike: Decision-Day GuideBloomberg
  • US dollar index hit on a two-week high following Fed policy statementMarketWatch
  • FOREX-Dollar close to 2015 lows as conflicted Fed prepares policy updateReuters


This post first appeared on The 5th News, please read the originial post: here

Share the post

Futures point to modestly higher open on Wall Street ahead of Federal Reserve ...

×

Subscribe to The 5th News

Get updates delivered right to your inbox!

Thank you for your subscription

×