Yahoo Finance's Jared Blikre joins Jen Rogers from the floor of the New York Stock Exchange to discuss the latest market moves ahead of the FOMC Minutes released Wednesday at 2:00 pm and the speech of Federal Reserve Chairman Jerome "Jay" Powell expected to drop at 10:00 am Friday.
Investing.com - Metals prices continued to recover, led by a rise in the Chinese yuan on reports the U.S. and China were looking to resolve their tit-for-tat trade war as soon as November.
MARKET PULSE In an interview with Reuters, President Donald Trump said he'll continue to criticize the Federal Reserve as he lamented, "I should be given some help by the Fed." Trump's remarks fit with what he reportedly told Republican donors over the weekend, criticizing the central bank's two rate hikes this year, as the Fed is considered likely to lift rates by a quarter-point in September.
Investing.com - The dollar was unchanged against its rivals Monday after the euro pared losses as the bloc marked the end of Greece's bailout program, but concerns about Italy's public finances kept gains in check.
G-10 currencies see muted trade on Monday and a popular gauge of the U.S. dollar relinquishes some modest gains, as investors await an important central bank retreat in Jackson Hole, Wyo., later this week.
Just over a year ago, the U.S., Mexico and Canada began renegotiating the North American Free Trade Agreement.
Investing.com - The dollar was little changed on Monday, hovering near 14-month highs against major rivals, as investors awaited a full week of references with U.S.-China trade talks on the bill as well as minutes from the last policy meeting of the Federal Reserve and a speech from the U.S. central bank chief Jerome Powell.
Investing.com - Gold prices traded higher on Monday, recovering some lost territory after suffering its largest weekly decline in more than year, as traders waited for references from the Federal Reserve later this week.
The S&P 500 rose 5 points, or 0.18%, to 2,855.18 as of 9:43 AM ET (13:43 GMT), while the Dow increased 93 points, or 0.36%, to 25,763.0 and the tech-heavy Nasdaq Composite lost 1 point, or 0.02% ,to 7,814.66.
London stocks trade higher to start the week, led by shares of materials companies and a global markets that is moving higher on trade optimism.
The UK Financial Conduct Authority (FCA) updated its warning on cryptocurrency-related scams, as it has been getting a rising number of complaints in recent months.
Gold prices attempted to move higher in early north American trade, but stopped short of hitting resistance levels. Gold has benefited as positive dollar momentum has stalled and issues related to emerging markets have been pushed to the side. Gold prices have rebounded since hitting an August low of 1,160 and are poised to test their first level of target resistance near the 10-day moving average near 1,195.
Moody's de Mexico (Moody's) changed today the outlook for the Municipality of Zapopan to negative from stable and affirmed its issuer ratings at Baa3/Aa3.mx (Global Scale, local currency/Mexico National Scale). At the same time, Moody's affirmed the A3/Aaa.mx (Global Scale, local currency/Mexico National Scale) debt ratings of the municipality's MXN 1,237 million enhanced loan from Banorte.