Page 11 - Raphael Bostic News Today

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The Fed's Beige Book might get attention on Wednesday. On a day of a few economic announcements, the initial trends on the U.S. Futures Index suggest that Wall

The major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous session.

Stocks correct lower. Yields are higher

Wall Street was on track to open lower on Wednesday, as concerns around the timing and scale of the Federal Reserves interest rate cuts pushed Treasury yields higher and pressured megacap stocks. ...

U.S.

Western investment in gold ETFs and bullion is badly underweight as global stock markets start to retreat, copper slips from its new record highs, but the Federal Reserve refuses to start cutting interest rates for fear of inflation rebounding

Wall Street indexes retreated on Wednesday, led by declines in rate-sensitive sectors as concerns around the timing and the scale of the Federal Reserves interest rate cuts pushed Treasury yields...

Investors' focus in the middle of the week will continue to be on the scheduled remarks of top Fed officials as investors continue to wait on the week's key release, the PCE price index on Friday.

PCE data ahead this week, ECB's rate path in focus - what's moving markets

Top 5 things to watch in markets in the week ahead