Investors and traders are waiting for new developments.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
Investors and traders are waiting for new developments.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Euro fall continues
1. Euro fall continues
The euro fell against the dollar for a third day on Wednesday as concerns over growing political risks in the euro zone drove its worst run of daily losses in nearly two months.
EUR/USD dropped 0.32% to 1.0643, the lowest level since January 30.
USD/JPY was higher before a visit by Japanese Prime Minister Shinzo Abe to the U.S. later this week, where trade and currency issues are expected to be in the spotlight.
U.S. President Donald Trump has accused Tokyo of using monetary policy to devalue its currency to boost exports.
2. Stocks near all-time highs
2. Stocks near all-time highs
The Dow Jones industrial average and Nasdaq hit their highest ever levels during trading on Tuesday. Stock markets have been rallying since Trump's election.
It's entirely possibly Wall Street will see new highs again on Wednesday.
U.S. stock futures are holding steady. European markets and Asian markets are mixed.
3. Oil prices hit 3-week lows
3. Oil prices hit 3-week lows
Oil prices fell to 3-week lows on Wednesday extending falls from the previous session after an industry report showing an unexpectedly large U.S. inventory build last week underlined concerns over a global supply glut.
Brent crude, the international benchmark for oil prices, was trading at $54.73 per barrel at 11.00 GMT, down 33 cents from the last close. U.S. crude was down 45 cents at $51.72 a barrel.
Elsewhere in commodity markets, Gold was trading at 3-month highs of $1,237.75 an ounce.
4. Earnings for today
4. Earnings for today
CNN owner Time Warner is reporting earnings Wednesday morning ahead of the opening bell. Investors will be looking for clues about AT&T's planned purchase of the media giant, a deal that President Trump has said he opposes.
Alaska Air, Allergan, GrubHub and Humana are also reporting earnings in the morning.
Tech firm Softbank released earnings after Japanese markets closed for the day, reporting a big increase in profits. The company revealed little new information about its plan to invest billions in the United States.
Whole Foods is set to hit the earnings stage after the close. The company's shares have lost more than half their value over the past two years.