Looming Fed Meeting, Inflation Data May Lead To Choppy Trading On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 10 June 2024 09:14:35 [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 Monday, with stocks likely to extend the lackluster performance seen over the two previous sessions. Traders may be reluctant to make significant moves ahead of several key events later this week, including the Federal Reserve?s monetary policy meeting. The Fed is due to announce its latest monetary policy decision on Wednesday, when the central bank is widely expected to leave interest rates unchanged. Since the decision is largely seen as a foregone conclusion, traders are likely to pay closer attention to Fed officials? latest projections for the economy and rates. Ahead of the Fed announcement, the Labor Department is scheduled to release its report on consumer price inflation in the month of May. Economists currently expect consumer prices to inch up by 0.1 percent in May after climbing by 0.3 percent in April, while core consumer prices, which exclude food and energy prices, are expected to increase by 0.3 percent for the second straight month. The annual rate of growth by consumer prices is expected to come in unchanged at 3.4 percent, but the annual rat... [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]( The Treasury Department is scheduled to ... [Read More]( --------------------------------------------------------------- Europe European stocks have drifted lower on Monday, with French stocks under heavy selling pressure after President Emmanuel Macron called for snap legislative elections later in June. Macron's decision comes after the European Union elections showed a broader shift towards right-wing and far-right parties. Focus also shifted toward Federal Reserve policymakers updating their rates forecast on Wednesday, though no change in policy rates is expected. W... [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.]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks turned in a mixed performance on Monday, with markets in China, Hong Kong and Australia closed for public holidays. The dollar rose in international markets as the euro collapsed dramatically in the wake of political upheaval in France following President Emmanuel Macron's demand for an early legislative election. Gold traded below $2,300 per ounce ahead of this week's Federal Reserve meeting, where no changes to monetary policy are exp... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are climbing $0.81 to $76.34 a barrel after edging down $0.02 to $75.53 a barrel last Friday. Meanwhil... [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