Tuesday, August 30, 2016

Markets Wary Amid Uncertainty About Timing Of Potential Rate Hike

The major U.S. index futures are pointing to a lower opening on Tuesday, with sentiment fluid due to the uncertainties surrounding the Fed rate outlook. The dollar is higher, as traders still bet on a rate hike this year and commodities are lower. Crude oil, however, is higher. Weak earnings and outlook announced by apparel retailer Abercrombie & Fitch could hurt the retail space.

from RTT - Market Analysis http://ift.tt/2byBnYl
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