General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses.
Wall Street looked set to open little changed on Monday as investors awaited speeches by U.S. Federal Reserve officials this week for clues on the timing of the next rate increase.
Chinese stocks rose for a second day, with volatility plunging to 15-month lows, as investors sought companies least exposed to a slowdown in the manufacturing economy.
Next Trading Day’s Important Events
- 06:05 (GMT+3) RBA’s Governor Glenn Stevens Speech
- USDJPY: 109.49
- EURUSD: 1.1191
- S&P 500: 2,051.75
- NASDAQ : 4,778.60