Before the bell: S&P futures +0.35%, NASDAQ futures +0.61%

Market news

12 July 2017

Before the bell: S&P futures +0.35%, NASDAQ futures +0.61%

U.S. stock-index futures rose as investors reacted positively to the Fed Chair Janet Yellen's prepared remarks for today's testimony before the House Financial Services Committee (14:00 GMP). The remarks did not provide anything surprising in terms of interest rate outlook or balance sheet normalization.

Global Stocks:

Nikkei 20,098.38 -97.10 -0.48%

Hang Seng 26,043.64 +166.00 +0.64%

Shanghai 3,198.03 -5.01 -0.16%

S&P/ASX 5,703.57 -55.20 -0.96%

FTSE 7,407.69 +77.93 +1.06%

CAC 5,203.36 +62.76 +1.22%

DAX 12,569.84 +132.82 +1.07%

Crude $45.68 (+1.42%)

Gold $1,216.70 (+0.16%)

Federal funds futures imply traders see 56 pct Fed raising rates at dec 12-13 policy meeting - CME group's Fedwatch

Yellen says Fed intends to use policy rate as chief monetary policy tool but would resume use of balance sheet if warranted by a 'material deterioration' in economic outlook

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.