New York: Positive opening expected in anticipation of the Fed statement
2015-08-19 14:48
(SIX) futures on Wall Street indicates a negative opening on Wednesday where the major focus is on the Federal Reserve's monetary policy protocol which would give an indication of the time of a forthcoming interest rate increase, while unrest in China continues to weigh Sentiment on the global market. S & amp; P 500 semester was at 14:37 0.3 percent in the fair value while the Nasdaq 100 semester was 0.2 percent below. On Wednesday there is attention to two heavy macro news American side. In the afternoon, was released in the US CPI statistics for July, which was +0.1 percent in July compared to the previous month. Core CPI rose +0.1 percent over the same period. The market had expected the CPI was up by 0.2 percent monthly rate in July, while core CPI was expected to have increased 0.2 percent between months. 20:00 published the awaited monetary policy Minutes of the Federal Reserve's last meeting in late July. Wednesday stated Narayana Kocherlakota, president of the Federal The Reserve Bank of Minneapolis, the US economy would exposed to serious risks if the rate is raised in the near future. Asian stock markets traded generally lower with clear declines in Tokyo and Hong Kong and the Chinese mainland stock markets closed mixed outcomes in the shadow of China's recent currency adjustments. "Investors are nervous about the global and comprehensive picture of the there is some profit taking as they wait to see what will happen in the future. Share Declines in Asia and emerging markets are contributing to the negative sentiment, while macroeconomic signals have been mixed, and while there is a big question mark over the outcome of the Fed's statement today ", said, Heinz-Gerd Sonnenschein at Deutsche Postbank to Bloomberg. At lunchtime, it also became known that the German parliament approved the latest rescue package for Greece. On the company front, Lowe's reported a growth in retail sales which was above market expectations, according to Reuters. Company reiterates full-year outlook which earnings per share is expected to be $ 3.29 while sales growth is expected to land between 4.5-5.0 percent, store sales in the range of 4.0-4.5 percent. Lowe was down 1.3 percent of förhandeln. Palatin Technologies rushes 19 percent in förhandeln after Sector colleague Sprout Pharmaceuticals became the first company to get approved by the Federal Drug Administration for the treatment of sex drive in women. This is a step forward for Palatin which evolves sexdriftsbehandling for women, writes Bloomberg. Technology company Analog Devices rose 7 percent in förhandeln where both earnings and sales exceeded estimates for the fourth quarter in the company's split fiscal year. Gabriel Cardona Cervantes mailto: gabriel.cardonacervantes@six-group.se www.blogg.six.seSIXNews SIX News
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