U.S. Stocks May Lack Direction Ahead Of Fed Minutes

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Wednesday, 09 October 2024 09:16:40 [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 Wednesday, with stocks likely to show a lack of direction following the strong upward move seen in the previous session. Traders may be reluctant to make significant moves ahead of the release of the minutes of the Federal Reserve?s latest monetary policy meeting later in the day. The minutes of the Fed?s September meeting, when the central bank decided to slash interest rates by 50 basis points, may shed light on the outlook for rates. Report on consumer and producer price inflation due ... [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 Dallas Federal Reserve President Lorie Logan is scheduled to speak on the current state of the economy before the Future of Global Energy Conference presented by Shell USA, Inc. and co-hosted by the Greater Houston Partnership at 9:15 am ET. At 10 am ET, the Commerce Department is due to release its report on wholesale inventories in the month of August. Wholesale inventories are expected to rise by 0.3 percent. The Energy Information A... [Read More]( --------------------------------------------------------------- Europe European stocks were mixed on Wednesday ahead of the announcement of a government forecast that may show German GDP is set to contract in 2024. Ahead of the revised economic forecast, German Finance Minister Christian Lindner has said the country's economy is "treading water" and that the government "cannot be satisfied with economic development". The uncertainty arising from the Middle East conflict and caution ahead of the... [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 Asian stocks ended mixed on Wednesday as China's stimulus rally fizzled out, the conflict in the Middle East persisted and investors awaited Federal Reserve meeting minutes as well as U.S. inflation data for interest rate clues. The dollar held steady after a notably rally and gold drifted lower while oil recovered some ground, after having fallen more than 4 percent on Tuesday following reports of a possible Hezbollah-Israel ceasefire. Chinese stocks plunged as investors booked profits after recent rallies. The benchmar... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slipping $0.11 to $73.46 a barrel after plummeting $3.57 to $73.57 a barrel on Tuesday. Meanwhile, an o... [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