Markets Await Dovish Fed, U.S.-China Plan Talks, Futures Jump, Oil Steadies

Wednesday, December 19, 2018 The Federal Reserve is almost certain to raise interest rates by a quarter point for a fourth time this year at the conclusion of today's policy meeting at 2:00PM ET (19:00 GMT). Fed Chair Jerome Powell will hold what will be a closely-watched press conference 30 minutes after the release of the Fed's statement. The U.S. central bank will also release new forecasts for economic growth and interest rates, known as the "dot-plot", as investors look for greater signs of the Fed's likely rate hike trajectory through 2019 and beyond. Meanwhile, the U.S. and China held vice-ministerial level talks to discuss the ongoing trade dispute as they move closer to meeting in January. U.S. stock futures pointed to a higher open, with the Dow pointing to a triple-digit gain, as signs of progress in the U.S.-China trade dispute lifted sentiment, while traders eagerly awaited the Federal Reserve's latest monetary policy decision. In commodities, oil prices attempted to find their footing after suffering one of its biggest falls in years in the last session. Read More Get the Investing.com App! Financial Markets on the Go Follow us Disclaimer: Fusion Media or anyone involved with Fusion Media will not accept any liability for any trading loss or damage as a result of reliance on the information contained within this email including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.  Fusion Media would like to remind you that the data contained in this email is neither necessarily real-time nor accurate. All stock prices, Indexes, Futures, buy/sell Signals and Forex prices are indicative and not appropriate for trading purposes; furthermore they are not provided by an exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price. Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. This is a newsletter from Investing.com © 2007-2017 Fusion Media Limited. All Rights Reserved 7 Florinis Street, Greg Tower 6th Floor Nicosia 1065 Cyprus Manage your e-mail preferences | Unsubscribe from General updates Terms And Conditions | Privacy Policy This email was sent to systech.surabaya.update@blogger.com