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10 things you need to know before the opening bell

30 days ago   |   By Business Insider

Here is what you need to know.
1. Fed Chair Jerome Powell is giving a speech this week, and traders will be listening closely for any hints of further interest-rate cuts. The Federal Reserve trimmed interest rates for the first time in a decade last month, and traders are hungry for more cuts.
2. Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war. World governments are actively boosting their economies, while Donald Trump struck a positive note in his latest comments on the trade war.
3. Trump calls blacklisted Huawei a national...
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Fed Chair Jerome Powell is giving a speech this week, and traders will be listening closely for any hints of further interest-rate cuts

Fed Chair Jerome Powell is giving a speech this week, and traders will be listening closely for any hints of further interest-rate cuts

30 days ago   |   By Business Insider

Jerome Powell is set to give a speech at the annual gathering of central bankers in Jackson Hole, Wyoming this week.
Traders will be listening closely for any hints that the the Federal Reserve Chair is considering another rate cut this year.
The Fed recently cut interest rates for the first time in a decade in a bid to counter slowing global growth and reassure investors shaken by the US-China trade war and other issues.
Jerome Powell is set to give a speech at the annual gathering of central bankers in Jackson Hole, Wyoming this week. Traders will be listening closely for any hints that...
Read more ...

 


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