Global Finance/Stock Market News Today : 5 things to start your day
Finance/Stock Market News Today : 5 things to start your day
ECB day
The European Central Bank is expected to announce today how it intends to bring to an end its large-scale asset purchases. "reduced purchases to 40 billion euros ($47 billion)"
The euro is having a quiet morning
House vote
USA tax-reform budget vote later today.
Should the vote pass, the Committee could release the long-awaited tax bill as early as Nov. 1.
Gary Cohn is no longer in the running to lead the Federal Reserve,
Donald Trump thinks Janet Yellen is “terrific.”
Oil production cut
Saudi Arabian Crown Prince wants to extend oil production cut.
A barrel of West Texas Intermediate for December delivery was trading unchanged at $52.18
Markets waiting
The MSCI Asia Pacific Index slipped less than 0.1 percent overnight
while Japan’s Topix index added 0.1 percent
In Europe, the Stoxx 600 Index was unchanged at 5:35 a.m.
investors await the ECB decision
Investors keeping an eye on developments in Catalonia.
S&P 500 futures were less than 0.1 percent lower,
the 10-year Treasury yield was at 2.424 percent
gold was unchanged.
Earnings
Deutsche Bank AG and Barclays Plc released disappointing third-quarter results |
Here’s what you should read today
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And finally, here’s what Joe’s interested in this morning
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It’s going to be a big day for tech earnings |
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