US futures edge up on Fed rate cut expectations; retail sales data awaited

Local market bullish on likely Fed rate cut

Thai equities are expected to rise further after the Stock Exchange of Thailand (SET) bounced back to break the key psychological level of 1,300 points on expectations the Federal Reserve will cut interest rates at its meeting this week, coupled with signs of easing global trade tensions.

ASX falls; Corporate Travel flags further audit delays

Shares dip; NBN says investors lapped up US debt deal; GPT Group taps Citigroup’s Tony Osmond; gold cracks $US3700 an ounce; Follow live.

US futures edge up on Fed rate cut expectations; retail sales data awaited

U.S. stock index futures inched higher on Tuesday after the S&P 500 and the Nasdaq closed at record highs in the previous session, as investors remained expectant about interest rate cuts from the Federal Reserve later this week.

Crypto Market Awaits Fed Rate Cut Decision as Investors Eye Easing Cycle

Investors eye possible easing cycle as US central bank set to decide this week The cryptocurrency market is awaiting a possible interest rate cut by the US Federal Reserve on Wednesday during the bank’s Federal Open Market Committee (FOMC) meeting. With US labor data deteriorating and inflation falling below 3%, the Fed is expected to deliver its first rate cut of the year. Markets widely anticipate a 25-basis-point reduction, followed by two mo…

Wall St edges lower as markets await Fed rate decision

US stocks have opened lower as investors digested the latest data regarding retail sales.

Columbia Threadneedle: Markets’ expectations for Fed cuts may be overly optimistic - IFA Magazine

Ahead of tomorrow’s all important Fed FOMC meeting, Anthony Willis, Senior Economist at Columbia Threadneedle Investments, has shared his thoughts on what reaction we might see from across the pond given the expectations of a cut in interest rates. As Willis comments: “All this sets the tone for a very interesting Federal Reserve meeting this week – markets are pricing in a 100% probability of a 25-basis point rate cut, but the associated commun…