WASHINGTON: The United States Federal Reserve will announce a plan to taper its asset purchases in September, according to a solid majority of economists polled by Reuters who also said the US jobless rate would remain above its pre-pandemic level for at least a year.Since the release last week of a strong US jobs report, which showed an unexpectedly sharp.
EMEA Morning Briefing : Stocks to Open Lower, Investors Eye ECB Review
07/08/2021 | 12:19am EDT
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Message : Watch For: Germany Foreign Trade; OECD Harmonised Unemployment Rate; ECB accounts of its last monetary policy discussions; updates from OMV, Fuller Smith & Turner, SAS, Persimmon, Rolls-Royce Holdings, Entain, and Meggitt. Opening Call: Equities: European stocks are set to open lower Thursday as investors continue to digest the U.S. Federal Reserve s June meeting minutes and look ahead to the upcoming European Central Bank strategy review. The EBC heavily anticipated strategy review is on the agenda today. The ECB will unveil its new framework that is expected to show a slight change on how it defines price stability and a more aggressive approach to supporting the economy during the next crisis. The ECB will tweak its inflation target to 2% from below, but close to 2%, said Edward Moya at OANDA.
Indian Morning Briefing : Asian Markets Mostly Lower Amid Renewed Covid-19 Worries, China s Tech Clampdown
07/07/2021 | 11:16pm EDT
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GLOBAL MARKETS
DJIA 34681.79 104.42 0.30%
Nasdaq 14665.06 1.42 0.01%
S&P 500 4358.13 14.59 0.34%
FTSE 100 7151.02 50.14 0.71%
Nikkei Stock 28223.60 -143.35 -0.51%
Hang Seng 27624.92 -335.70 -1.20%
Kospi 3268.45 -16.89 -0.51%
SGX Nifty 15830.00 -58.5 -0.37% July contract
USD/JPY 110.57-58 -0.03%
Range 110.71 110.43
EUR/USD 1.1787-90 -0.03%
Range 1.1801 1.1784
CBOT Wheat July $6.146 per bushel
Spot Gold $1802.49/oz -0.1%
Nymex Crude (NY) $72.00 -$1.37
US STOCKS U.S. stocks rose modestly as traders weighed questions on the economy and the release of the Federal Reserve s latest meeting minutes. The S&P 500 and the Dow Jones Industrial Average rose 0.3
Provided by Dow Jones
Jul 8, 2021 3:15 AM UTC
GLOBAL MARKETS
DJIA 34681.79 104.42 0.30%
Nasdaq 14665.06 1.42 0.01%
S&P 500 4358.13 14.59 0.34%
FTSE 100 7151.02 50.14 0.71%
Nikkei Stock 28223.60 -143.35 -0.51%
Hang Seng 27624.92 -335.70 -1.20%
Kospi 3268.45 -16.89 -0.51%
SGX Nifty 15830.00 -58.5 -0.37% July contract
USD/JPY 110.57-58 -0.03%
Range 110.71 110.43
EUR/USD 1.1787-90 -0.03%
Range 1.1801 1.1784
CBOT Wheat July $6.146 per bushel
Spot Gold $1802.49/oz -0.1%
Nymex Crude (NY) $72.00 -$1.37
US STOCKS U.S. stocks rose modestly as traders weighed questions on the economy and the release of the Federal Reserve s latest meeting minutes. The S&P 500 and the Dow Jones Industrial Average rose 0.3%, adding to modest gains before the meeting minutes were released. The Nasdaq Composite was up less than 0
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