Jerome Powell, Fed and futures
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Stock Market Today: Dow Futures Edge Lower
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U.S. stock futures were barely changed Thursday in Europe after lingering concerns about the AI-fueled boom knocked the tech sector again in Wednesday’s session. Fed Chair Jerome Powell, under pressure to cut rates in September,
Traders appeared more certain that the Federal Reserve will cut interest rates at its monetary-policy meeting next month as Fed Chair Jerome Powell delivered remarks Friday at the annual Jackson Hole Economic Policy Symposium in Wyoming.
Futures and forex markets are both popular options for investors looking to trade financial assets, but they differ in key ways. Futures involve standardized contracts to buy or sell assets at a set price on a future date,
Gold futures rose as Federal Reserve Chair Jerome Powell effectively opened the door to a September interest rate cut.
BEIJING, Aug 22 (Reuters) - Prices of lithium carbonate futures in China slid by more than 3% on Friday to hit their lowest in two weeks. The most active lithium carbonate futures on the Guangzhou Futures Exchange touched the lowest level since August 8 at 78,720 yuan ($10,957) per metric ton.
Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Oil futures posted weekly gains as efforts toward negotiations to end the Russia-Ukraine war looked like they’ll take longer than it previously appeared.
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In niche wheat futures market, rebooted legacy contract fends off new offering from giant rival
In a head-to-head contest in a small corner of agricultural futures markets, a legacy spring wheat contract that has traded for more than 140 years is fending off a challenge from a competing contract launched this spring by CME Group,