Stock Futures Rise Ahead of U.S. CPI as Rate Decisions Loom
From morningstar.com
Stock futures rose amid optimism that the Fed will pause its tightening this week. In Asia, stock benchmarks were mostly higher; the dollar fell; Treasury yields were mixed; while oil and gold futures rose. Equities: European shares may open higher Tuesday as traders eye rate decisions by major central banks later this week. U.S. consumer-price index data on Tuesday will provide insight into the direction of inflation, which remains well above the Federal Reserve's 2% annual target. After that, the Fed on Wednesday is widely expected to keep interest rates steady but could signal more rate increases in the future. ...
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