Reported 11 months ago
Asian futures indicated mixed equity trading following a quiet session on Wall Street as investors prepare for the upcoming US Federal Reserve decision and key inflation data. Markets in Tokyo are expected to rise, while those in Sydney may decline. Australia's 10-year yield surged, Apple Inc. shares dropped despite new features, and European markets slid after French President Macron's call for legislative polls. US traders anticipate volatility ahead of the Fed's rate decision and consumer price report, with experts forecasting differing outcomes in the 'dot plot' projections. The S&P 500 hit a record high, Treasury markets saw minor shifts, and the options market predicts significant movement. Notable corporate news includes changes in Southwest Airlines Co.'s leadership, downgrades for Advanced Micro Devices Inc., and additions to the S&P 500. Key events this week include US CPI data, G-7 summit, and the Bank of Japan's monetary policy decision.
Source: YAHOO