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US Futures on Green after a Rate Cut signal by FED Bullard

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Futures show a positive start of the session on Tuesday and a likely sell-off after the FED talks about interest rates down.

Dow is up 0.4%, NASDAQ returns 0.5%, and S & P 500 will open 0.5%.

President of FED St. Louis James Bullard said in a statement Monday that "the Fed will be looking to help expand the economy in terms of trade disputes and declining inflation," he is also the first member to mention interest rate cuts.

Bullard is one of FED's most "dovish" representatives, and the most authoritative indicator of whether the bank will change its policy is Jerome Powell's statement at 16:45 or 13:45 GMT,

Premarket:

Uber (UBER.US) is down 1.1% after investors have begun complaints about being misled about the company's position on the market and about being a victim of an unfair practice. From the IPO to date Uber is down by 10%.

Harmony Gold Mining (HMY.US) is down 2.1%

Box Inc (BOX.US) plunged 17% after disappointing results for 1Q.

Tech stocks recover after a sharp fall yesterday - Facebook (FB.US) is up 0.3%; Tesla (TSLA.US) rose 0.9% and Apple (AAPL.US) returned 0.7%.

Today reports are expected to announce Salesforce (CRM.US) Tiffany (TIF.US) and Craker Barrel (CBRL.US)


 Trader Velizar Mitov

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