Wednesday preview: US-China trade, FOMC minutes in the spotlight

updated: 8 October 2019 at 3:24pm Author: Alexander Bueso

(Sharecast News) - The focus on Wednesday will in all likelihood continue to be on any headlines around the ongoing 13th round of US-China trade negotiations.
However, the minutes of the Federal Reserve's last policy meeting are also due out after the close of trading in London and investors are keen for greater colour on just how high the bar was for another reduction in short-term official interest rates.

According to analysts at Barclays Research, the fact that the projections submitted by seven policymakers at the last Federal Open Market Committee meeting had left the door open to an additional cut in the Fed funds rate meant that the bar had been set low.

Also due out starting from Wednesday were Chinese money supply and credit data for September.

No major economic reports were scheduled for release either in the Eurozone or in the UK.

Wednesday October 09

INTERIMS

Vertu Motors

INTERIM DIVIDEND PAYMENT DATE

Flutter Entertainment, Pagegroup

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Wholesales Inventories (US) (15:00)

FINALS

Volution Group (WI)

SPECIAL DIVIDEND PAYMENT DATE

Pagegroup

AGMS

FastForward Innovations Limited, Fulcrum Utility Services Ltd. (DI)

TRADING ANNOUNCEMENTS

Robert Walters