Lingering Rate Uncertainty May Lead To Choppy Trading On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 21 May 2024 10:47:48 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction following the mixed performance seen in the previous session. Traders may take a step back to assess the recent strength in the markets, which has seen the major averages climb to new record highs. Renewed confidence the Federal Reserve will lower interest rates in the coming months has contributed to the advance, but recent comments from some Fed officials have once again created some uncertainty. While the likelihood rates will be lower by September remains high, the chances have fallen to 75.3 percent from close to 90 percent last week, according to CME Group's FedWatch Tool. Another quiet day on the U.S. ... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports CADUSD [CADUSD]( Oil [Oil]( Gold [Gold]( EURUSD [EURUSD]( Richmond Federal Reserve President Thomas Barkin is due to give opening remarks before the ?2024 Investing in Rural America Conference: Building and Maintaining Momentum? hosted by the Richmond Fed at 9 am ET. Also at 9 am ET, Federal Reserve Board Governor Christopher Waller is scheduled ... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Palo Alto Networks (PANW) are moving sharply lower in pre-market trading after the cybersecurity company forecast fiscal fourth quarter revenues and billings toward the low end of analyst estimates. [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Europe European stocks have moved lower on Tuesday following cautious comments from Federal Reserve officials on inflation and the interest rate outlook. In economic news, the euro area current account surplus increased in March on improving primary income, the European Central Bank reported. The current account balance posted a surplus of 36 billion euros in March compared to a 29 billion euros surplus in February. In the same period last year, the balance was a 13 billion euro surplus. The surplus on goods trade fell to 33 billion euros from 34 billion... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks ended lower on Tuesday as a stimulus-driven China rally paused and minutes of the May 2024 Reserve Bank of Australia meeting showed the central bank considered increasing interest rates during the meeting. Gold slipped from record highs touched the previous day and the dollar firmed up after U.S. Federal Reserve officials tempered investor enthusiasm about potential interest rate cuts. Oil prices dipped despite a recent uptick in geopolitical tensions and chances of crude oil production and exports being affected in the a... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are tumbling $1.66 to $78.14 a barrel after slipping $0.26 to $79.80 a barrel on Monday. Meanwhile, a... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49