Futures of the US indices point to higher open, ahead of the speech from Janet Yellen during the Central bank meeting. Investors are awaiting to hear a hint and direction of the FED in regards to the rates, if they are to raise the rates and when that could be. The speculations for the increases started by the members of the FED that communicated that it is time for a higher rates as the economy was running at or about full employment.
The price of Oil fell slightly but it remained above horizontal support. The US dollar is stable without making any big moves, but that could change if FED hints of raise hike. The indices are at a record levels and we could see a correction.
Before the speech from Jackson Hole we expected data for GDP and speeches from other several members of the FED.
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