2016)

Posted On 30 Aug 2016

Today’s Press

Wall Street flat as investors look for clues on rates

Wall Street was little changed on Tuesday morning as investors looked for catalysts to drive the markets while keeping one eye on clues for the timing of the next interest rate hike.

U.S. Home Prices Continued Strong Gains in June

The 10-city index gained 4.3% from a year earlier, down slightly from 4.4% last month, and the 20-city index gained 5.1% year-over-year, down from a 5.3% increase in May.

Fed bets boost dollar, EU tax bill bites Apple

U.S. interest rate rise expectations pushed the dollar up for a seventh time in eight days on Tuesday, while Wall Street dealers braced for a bruising session for Apple after it was hit by a record $14.5 billion European tax bill.

Next Trading Day’s Important Events

10:55 (GMT+3) German unemployment changes

12:00 (GMT+3) EU CPI

Forex Quotes:

USDJPY: 102.81

EURUSD: 1.1138

Indices:

S&P 500: 2,175.10

NASDAQ : 5,223.89

Source:: Wall Street flat as investors look for clues on rates (news: 30/08/2016)

About the Author

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