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US stock trading mixed ahead of Fed decision



US. Stocks were priced cautiously on Wednesday before the final session of the Federal Reserve.

It is widely expected that the FOMC will leave the central bank rate unchanged.

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Dealership policy makers will lay the groundwork for a rate cut in July, according to CME's FedWatch tool.

The federal funds ratio is currently between 2.25 and 2.50 percent.

Chairman Powell will hold a press conference following the press conference and will likely report that the White House "downgrade" is investigating him, the story was downplayed by Trump's top economic adviser Larry Kudlow.

Ticker Security Last Change % Chg [1
9659012] I: DJI
DOW JONES AVERAGE VALUES 26503,05 +37,51 + 0.14%
SP500 S & P 500 2917,22 [19659020-21
I: COMP NASDAQ COMPOSITE IND EX 7948.757455 -5,13 -0.06%

In addition to the policy statement, central banks publish their summary of economic forecasts

USA. Trade Commissioner Robert Lighthizer said Wednesday he expects that he and the US Treasury Secretary will meet with the Chinese Vice President ahead of the G20 summit in Japan later this month. Lighthizer dismissed the remark at a hearing by the Committee on Ways and Means of the House of Representatives.

China and the United States have agreed to resume trading talks after a long break in settling a costly trade dispute.

President Trump helped Give the stock an extra boost on Tuesday and confirm that he will be meeting with Chinese President Xi via a tweet at the G20 meeting in Japan. Developments were seen by investors as a positive sign of progress in trade talks.

On the Asian markets, the Chinese Shanghai Composite Index gained 1 percent on Wednesday, the Hong Kong Hang Seng rose 2.6 percent and the Japanese Nikkei 1.7 percent.

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In European markets, the FTSE in London fell 0.5 percent, the DAX in Germany 0.3 percent and the CAC in France 0.1 percent.


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