
All eyes on Microsoft earnings! | MarketTalk: What’s up today? | Swissquote
Both Eurozone and UK PMI numbers hinted at faster-than-expected slowdown in economic activity. Both the euro and sterling retreated against the US dollar.
The Federal Reserve (Fed) starts its two-day policy meeting today, and will highly likely announce a 25bp hike on Wednesday. But what Fed officials will also do is to remind investors that the tightening cycle is probably not juts yet.
US stocks traded higher yesterday with the S&P500 adding 0.40% and Nasdaq 0.14% after its special rebalancing. The US 2-year yield advanced past 4.90% and fell this morning. While the VIX index shows no sign of a...