Morning Bid: Traders focus on Fed as key Trump picks awaited

News

  • Today's news
  • US
  • Politics
  • World
  • Tech
    • Reviews and deals
    • Audio
    • Computing
    • Gaming
    • Health
    • Home
    • Phones
    • Science
    • TVs
  • Climate change
  • Health
  • Science
  • 2024 election
  • Originals
    • The 360
  • Newsletters

Life

  • Health
    • COVID-19
    • Fall allergies
    • Health news
    • Mental health
    • Relax
    • Sexual health
    • Studies
    • The Unwind
  • Parenting
    • Family health
    • So mini ways
  • Style and beauty
    • It Figures
    • Unapologetically
  • Horoscopes
  • Shopping
    • Buying guides
  • Food
  • Travel
  • Autos
  • Gift ideas
  • Buying guides

Entertainment

  • Celebrity
  • TV
  • Movies
  • Music
  • How to Watch
  • Interviews
  • Videos

Finance

  • My Portfolio
  • News
    • Latest News
    • Stock Market
    • Originals
    • The Morning Brief
    • Premium News
    • Economics
    • Housing
    • Earnings
    • Tech
    • Crypto
    • Biden Economy
  • Markets
    • Stocks: Most Actives
    • Stocks: Gainers
    • Stocks: Losers
    • Trending Tickers
    • Futures
    • World Indices
    • US Treasury Bonds Rates
    • Currencies
    • Crypto
    • Top ETFs
    • Top Mutual Funds
    • Options: Highest Open Interest
    • Options: Highest Implied Volatility
    • Sectors
    • Basic Materials
    • Communication Services
    • Consumer Cyclical
    • Consumer Defensive
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Utilities
  • Research
    • Screeners
    • Screeners Beta
    • Watchlists
    • Calendar
    • Stock Comparison
    • Advanced Chart
    • Currency Converter
    • Investment Ideas
    • Research Reports
  • Personal Finance
    • Credit Cards
    • Balance Transfer Cards
    • Cash-back Cards
    • Rewards Cards
    • Travel Cards
    • Credit Card Offers
    • Banking
    • CD Rates
    • Best HYSA
    • Best Free Checking
    • Student Loans
    • Personal Loans
    • Insurance
    • Car insurance
    • Mortgages
    • Mortgage Refinancing
    • Mortgage Calculator
    • Taxes
  • Videos
    • Invest
    • Latest News
    • Editor's Picks
    • Investing Insights
    • Trending Stocks
    • All Shows
    • Morning Brief
    • Opening Bid
    • Wealth
    • ETF Report

Sports

  • Fantasy
    • News
    • Fantasy football
    • Best Ball
    • Pro Pick 'Em
    • College Pick 'Em
    • Fantasy baseball
    • Fantasy hockey
    • Fantasy basketball
    • Download the app
  • Daily fantasy
  • NFL
    • News
    • Scores and schedules
    • Standings
    • Stats
    • Teams
    • Players
    • Drafts
    • Injuries
    • Odds
    • Super Bowl
    • GameChannel
    • Videos
  • MLB
    • News
    • Scores and schedules
    • Standings
    • Stats
    • Teams
    • Players
    • Odds
    • Videos
    • World Baseball Classic
  • NBA
    • News
    • Draft
    • Scores and schedules
    • Standings
    • Stats
    • Teams
    • Players
    • Injuries
    • Videos
    • Odds
    • Playoffs
  • NHL
    • News
    • Scores and schedules
    • Standings
    • Stats
    • Teams
    • Players
    • Odds
    • Playoffs
  • Soccer
    • News
    • Scores and schedules
    • Premier League
    • MLS
    • NWSL
    • Liga MX
    • CONCACAF League
    • Champions League
    • La Liga
    • Serie A
    • Bundesliga
    • Ligue 1
    • World Cup
  • College football
    • News
    • Scores and schedules
    • Standings
    • Rankings
    • Stats
    • Teams
    • MMA
    • WNBA
    • Sportsbook
    • NCAAF
    • Tennis
    • Golf
    • NASCAR
    • NCAAB
    • NCAAW
    • Boxing
    • USFL
    • Cycling
    • Motorsports
    • Olympics
    • Horse racing
    • GameChannel
    • Rivals
    • Newsletters
    • Podcasts
    • Videos
    • RSS
    • Jobs
    • Help
    • World Cup
    • More news

New on Yahoo

  • Creators
  • Games
  • Tech
  • Terms
  • Privacy
  • Your Privacy Choices
  • Feedback

© 2024 All rights reserved. About our ads Advertising Careers Yahoo Finance Yahoo Finance Search query Select edition

  • USEnglish
  • US y LATAMEspañol
  • AustraliaEnglish
  • CanadaEnglish
  • CanadaFrançais
  • DeutschlandDeutsch
  • FranceFrançais
  • 香港繁中
  • MalaysiaEnglish
  • New ZealandEnglish
  • SingaporeEnglish
  • 台灣繁中
  • UKEnglish
  • News
  • Finance
  • Sports
    • News
      • Today's news
      • US
      • Politics
      • World
      • Weather
      • Climate change
      • Health
      • Science
      • 2024 election
      • Originals
      • Newsletters
    • Life
      • Health
      • Parenting
      • Style and beauty
      • Horoscopes
      • Shopping
      • Food
      • Travel
      • Autos
      • Gift ideas
      • Buying guides
    • Entertainment
      • Celebrity
      • TV
      • Movies
      • Music
      • How to watch
      • Interviews
      • Videos
    • Finance
      • My portfolio
      • Watchlists
      • Markets
      • News
      • Videos
      • Screeners
      • Personal finance
      • Crypto
      • Industries
    • Sports
      • Fantasy
      • NFL
      • NBA
      • MLB
      • NHL
      • College football
      • College basketball
      • Soccer
      • MMA
      • Yahoo Sports AM
      • New on Yahoo
        • Creators
        • Games
        • Tech
      • Selected edition

Sign in

    Upgrade to Premium Morning Bid: Traders focus on Fed as key Trump picks awaited German share price index DAX graph is pictured at the stock exchange in Frankfurt · Reuters Reuters Mon, Nov 18, 2024, 11:34 PM 2 min read

    A look at the day ahead in European and global markets from Kevin Buckland

    Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the green.

    Like Monday, there's little news to guide market direction, with a reversal of some of the big moves from last week when world stocks suffered their worst week since the start of September again being the main driver of moves.

    The U.S. dollar is trading on the back foot again today, extending its retreat from a one-year peak versus major peers from last week. Treasury yields sagged to new lows in Tokyo, pulling away from Friday's high above 4.5%, a level last seen 5-1/2-months ago.

    The outlook for Federal Reserve easing seems to have returned as the market's main preoccupation, in the absence of highly anticipated announcements of Donald Trump's picks for the Treasury and trade portfolios.

    A run of robust U.S. data combined with expectations of faster inflation under Trump's higher-tariff, tighter-immigration policies have seen bets for a December rate cut pared to around 58% on CME FedWatch, from greater than 65% odds a week ago.

    Despite the relative news vacuum, AI darling Nvidia's earnings on Wednesday loom large as the event likely to set the tone for equity markets at least for the final half of the week, and possibly into year-end.

    There's little on the data docket in Europe today, which is headlined by final consumer inflation readings for October for the euro zone as a whole. Similarly, the U.S. only has housing figures on tap.

    There are plenty of central bank speakers though, including Kansas City Fed President Jeffrey Schmid late in the day.

    Ahead of that, Bank of England Governor Andrew Bailey and his peers appear in parliament, where they are likely to be peppered with questions about the implications of the government's big-spending budget and Trump's potential trade policies.

    ECB policy maker Frank Elderson also gives remarks at a green finance forum in Frankfurt. And in Sweden, Riksbank's First Deputy Governor Anna Breman takes the podium.

    Key developments that could influence markets on Tuesday:

    -BoE officials speak in parliament

    -Euro zone final HICP (Oct)

    -ECB's Elderson speaks

    -Riksbank's Breman speaks

    -Kansas City Fed's Schmid speaks

    (Editing by Muralikumar Anantharaman)

    Terms and Privacy Policy Your Privacy Choices

    Recommended Stories

  • Related Posts

    Exxon group pulls out of talks with Guyana over shallow water oil block, government says

    News Today's news US Politics World Tech Reviews and deals Audio Computing Gaming Health Home Phones Science TVs Climate change Health Science 2024 election Originals The 360 Newsletters Life Health…

    Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

    News Today's news US Politics World Tech Reviews and deals Audio Computing Gaming Health Home Phones Science TVs Climate change Health Science 2024 election Originals The 360 Newsletters Life Health…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Website Use of Third-Party Tracking Software Not Prohibited Under Massachusetts Wiretap Act

    • By admin
    • November 22, 2024
    • 0 views
    Website Use of Third-Party Tracking Software Not Prohibited Under Massachusetts Wiretap Act

    Exxon group pulls out of talks with Guyana over shallow water oil block, government says

    • By admin
    • November 22, 2024
    • 0 views
    Exxon group pulls out of talks with Guyana over shallow water oil block, government says

    Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

    • By admin
    • November 22, 2024
    • 0 views
    Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

    Department of Labor’s New Overtime Rule Overturned by Federal Court in Texas

    • By admin
    • November 21, 2024
    • 2 views
    Department of Labor’s New Overtime Rule Overturned by Federal Court in Texas

    Bosch to reduce hours for 450 employees due to tough economy

    • By admin
    • November 21, 2024
    • 2 views
    Bosch to reduce hours for 450 employees due to tough economy

    Students can now apply for federal college aid. Officials hope for a smoother rollout this year

    • By admin
    • November 21, 2024
    • 1 views
    Students can now apply for federal college aid. Officials hope for a smoother rollout this year