Washington politics will stay in focus as politicians try to agree to a tax reform package. The Federal Reserve is expected to increase their interest
Washington politics will stay in focus as politicians try to agree to a tax reform package. The Federal Reserve is expected to increase their interest rate on Wednesday. Tomorrow Consumer Price Index data will come from Britain. Asian markets have gained today via stocks.
U.S investors will have their eyes on the Federal Reserve’s monetary policy statement which will be delivered on Wednesday and the anticipated interest rate hike. Wall Street is expected to open with gains today according to the Future Markets. Tax reform talks continue in the U.S, and Washington politicians will be watched in the coming days for further details.
Bitcoin prices continue to climb after the Cboe launched the first Bitcoin future last night. Bitcoin futures rose as much as 25% in early trading but eased off slightly and currently trading at 17900, up +15%.
Equities in Asia were positive today, following up on their solid trading session before going into the weekend. But data from Japan was lackluster as Money Stock, Manufacturing and Machine Tool Orders all proved slightly negative. However, the Yen has remained on its weaker legs and is near 113.40 against the U.S Dollar. China Money Supply numbers will be released tomorrow.
Data has been very light from Europe today, but tomorrow the U.K will release Consumer Price Index results, and Germany will see an Economic Sentiment reading. The Bank of England and European Central Bank are also in focus as traders await Thursday’s important announcements. European equities started the day with gains and the Dax is now positive the past month of trading.
Crude Oil is trading above the 57.00 U.S Dollars a barrel mark. However, trading remains rather cautious as the commodity remains within the lower depths of its short-term range.
Bond Auction in States, More Jobs Statistics from U.S Today
The Jolts Job Openings data will be released from the States at 15:00 GMT for interested traders.
Yaron Mazor is a senior analyst at SuperTraderTV.
SuperTraderTV Academy is a leader in investing and stock trading education. Sign up for a class today to learn proven strategies on how to trade smarter.
Yaron has been involved with the capital markets since 1998. During the past 16 years, Yaron has been a day and swing stocks trader in the American market. Yaron has founded and made successful investments into businesses spanning exciting industries – from apparel to restaurants and bars, to high tech, medical technology, and education.