The yen strengthened against the dollar on Tuesday, while the Aussie and kiwi advanced ahead of the Federal Reserve meeting this week. The Japanese currency was hurt by increased doubts that the central bank will be able to weaken the yen after its monetary policy review this week. Bets that the U.S. Federal Reserve will [.]

Investing.com – U.S. futures pointed to a higher opening bell on Wednesday as investors look ahead to the Federal Reserve meeting minutes. The S&P 500 futures rose four points or 0.16% as of 6.

The stock market continued to eke out gains late Monday. Stocks were mostly higher as investors await the outcome of this week’s Federal Reserve meeting and looked to U.S.-China meetings later.

The market’s had plenty of news to chew over. The Fed’s two-day meeting will begin Tuesday and test the market’s patience. Fed funds futures show a 25% probability of a quarter-point rate cut this.

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President Donald Trump pushed the Fed to cut interest rates to zero or into negative territory in a pair of Twitter posts on Wednesday. In currencies, the euro weakened to a one-week low against the dollar ahead of the ECB meeting, while the dollar was on track for its best day in nearly two weeks against a basket of major currencies.

As Nomura’s quant team writes, with the FOMC having now entered the blackout period ahead of next week’s potentially historic FOMC meeting (30-31 July) when the Fed is widely expected to restart monetary easing, market participants are converging on the view that the Fed will cut interest rates by 25bp – but not by more – and as a result market.

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 · U.S. stocks. secured gains to start the week ahead of the Fed’s two-day policy meeting which begins on Tuesday. The Nasdaq composite rose 0.6 percent, while the S&P 500 and the Dow Jones.

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Stocks- U.S. Futures Inch Up Ahead of Fed Meeting.. Cryptocurrency News ; Stock Markets. The data and prices on the website are not necessarily provided by any market or exchange, but may be.