Asian equity futures signaled markets may decline Tuesday, weighed down by weaker oil prices and the lingering possibility of a US interest rate increase this year. The dollar halted two days of gains.
Contracts on the Nikkei 225 Stock Average slid and futures on the S&P 500 were little changed after the US closed down 0.1 per cent. A gauge of the dollar was little changed Tuesday after paring gains toward the end of the previous session.
Markets still see the odds of an interest-rate increase by year-end as a coin-toss even after Fed officials highlighted over the past week that they are willing to consider tightening policy. "Fed speakers have refrained from expressing specific timing on the next hike," according to Rodrigo Catril, a currency strategist in Sydney for National Australia Bank Ltd.
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Contracts on the Nikkei 225 Stock Average slid and futures on the S&P 500 were little changed after the US closed down 0.1 per cent. A gauge of the dollar was little changed Tuesday after paring gains toward the end of the previous session.
Markets still see the odds of an interest-rate increase by year-end as a coin-toss even after Fed officials highlighted over the past week that they are willing to consider tightening policy. "Fed speakers have refrained from expressing specific timing on the next hike," according to Rodrigo Catril, a currency strategist in Sydney for National Australia Bank Ltd.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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