Futures Pointing To Roughly Flat Open On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 19 August 2024 09:12:06 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the rally seen in the previous week. Traders may be reluctant to make significant moves following recent volatility in the markets, which saw the markets fall sharply early this month before showing a substantial rebound over the past several sessions. The U.S. economic calendar also starts the week relatively quiet following last week?s avalanche of data, although key events are likely to attract attention later in the week The minutes of the Federal Reserve?s latest monetary policy meeting may shed additional light on the outlook for interest rates along with remarks by Fed Chair Jerome Powell and other Fed officials at the Jackson Hole Economic Symposium. According to CME Group?s FedWatch Tool, there is a 73.5 percent of a quarter point rate cut next month and a 26.5 percent chance of a half point rate cut. Among individual stocks, shares of Advanced Micro Devices (AMD) are moving notably higher in pre-market trading after the chipmaker announced an agreement to acquire server maker ZT Systems in a c... [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]( --------------------------------------------------------------- Europe European stocks have struggled for direction on Monday after gaining for four days in a row on optimism over potential U.S. rate cuts. While the French CAC 40 Index is up by 0.5 percent, the German DAX Index is up by 0.3 percent and th... [Read More]( --------------------------------------------------------------- Asia Asian stocks turned in a mixed performance on Monday, as investors awaited cues from the FOMC meeting minutes along with speeches by Fed Chair Jerome Powell and other Fed speakers this week for additional clues on the interest rate trajectory. The dollar began the week on a weak note after a couple of Fed officials said its time to adjust borrowing costs. Oil and gold prices fell slightly in Asian trading, as the U.S. pushed for a deal between Israel and Hamas to end the war in Gaza, calling ... [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.]( --------------------------------------------------------------- Commodities Crude oil futures are sliding $0.77 to $75.88 a barrel after tumbling $1.51 to $76.65 a barrel last Friday. Meanwhile, ... [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