Wednesday, March 16, 2016

Fed Decision Day Pushes Traders To Defensive

The major U.S. index futures are pointing to a lower opening on Wednesday, with sentiment turning extremely cautious as the Fed decision looms.ÿAmong the two economic reports released short while ago, housing starts remained strong, reflecting the underlying strength of the labor market. Though building permits fell, they remain elevated. Consumer price inflation came in more than expected.

from RTT - Market Analysis http://ift.tt/1ptNYAg
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