What is it? It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

When? Tentative

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.

 

 

 

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What is it? It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

When? At 8:00pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

 

 

 

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What is it? Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.

 

 

 

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What is it? It's the broadest measure of economic activity and the primary gauge of the economy's health.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

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1. U.S. stocks were boosted by gains in Apple on Wednesday, and investors awaited the Federal Reserve's policy statement later in the day.

Apple (O:AAPL) sold 48 million iPhones in the quarter and reported a near doubling of revenue from China, allaying concerns about its business in the world's second-largest economy.

The stock was up 2.4 percent at $117.27, providing the biggest boost to the three major indexes.

2. Apple Inc (O:AAPL) reported blockbuster iPhone sales in China, suggesting that worries about the company's growth trajectory in the world's second-largest economy are overdone.

Apple's shares rose nearly 3 percent in early trading on Wednesday.

The stock has lost about 7 percent of its value in the past three months as investors fret that the slowing Chinese economy would derail Apple's successful run in the country.

Apple's sales in Greater China, including Taiwan and Hong Kong, nearly doubled in the third quarter, accounting for nearly a quarter of the company's total sales.

3. The dollar pushed lower against the other major currencies on Wednesday, as sentiment on the greenback became fragile ahead of the Federal Reserve's highly-anticipated policy statement due later in the day.

The dollar was steady against the yen, with USD/JPY at 120.35.

The Fed was not expected to raise interest rates later Wednesday, but many investors still expected the U.S. central bank to signal that rates could still rise at its December meeting.

4. West Texas Intermediate oil futures extended strong gains on Wednesday, after data showed that oil supplies in the U.S. rose less than expected last week, easing concerns over weak demand.

Crude oil for delivery in December on the New York Mercantile Exchange surged $1.70, or 3.94%, to trade at $44.90 a barrel during U.S. morning hours. Prices were at around $44.57 prior to the release of the inventory data.

The U.S. Energy Information Administration said in its weekly report that crude oil inventories rose by 3.37 million barrels in the week ended October 23.

5. Activist investor Carl Icahn said on Wednesday American International Group Inc (N:AIG) should split its life and mortgage insurance units into three public companies to avert the U.S. government's "too-big-to-fail" tag.

Icahn, who disclosed that he owns a "large stake" in AIG, also said in an open letter to the company's CEO that it should begin a "much needed" cost control program to better compete with peers. AIG shares rose as much as 4 percent to $63.44 in early trading.

 

 

 

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Shares in many well-known companies are set for big moves today. Be ready.

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Stock market movers

 

Apple, Twitter, Northrop Grumman, Rite Aid, Starwood Hotels: Shares in Apple (AAPL, Tech30) are jumping ahead of the open after the company reported strong quarterly results. Apple's profit rose 31% as customers continued to buy more expensive iPhones.

On the other hand, Twitter's (TWTR, Tech30) stock is set to tumble after the tech firm turned in another disappointing earnings report.

Shares in Northrop Grumman (NOC) are rising by about 9% premarket after the company landed a massive contract with the Pentagon to build its Long Range Strike Bomber. The firm is also reporting earnings ahead of the opening bell.

Rite Aid (RAD) shares are sinking about 7% premarket following a 45% surge on Tuesday triggered by reports that Walgreens (WBA) was planning to buy the company. Walgreens confirmed the $17.2 billion deal after the closing bell.

Walgreens is also set to report earnings before trading begins.

And shares in Starwood Hotels (HOT) could be on the move Wednesday after three Chinese firms were reported to be trying to buy the group, which operates W and Sheraton hotels.

 


2. Ones to watch

 

Volkswagen, IBM: Investors are keeping a close eye on Volkswagen (VLKAY) after the company reported a deep loss in the third quarter because of the group's diesel emissions scandal. Shares are rising about 2% in Europe as investors seem relieved that the losses weren't worse.

IBM (IBM, Tech30) may remain in the spotlight after the tech giant admitted Tuesday that it is under investigation by the U.S. Securities and Exchange Commission. The SEC is conducting an investigation into certain IBM accounting practices in the U.S., UK and Ireland, but the company wouldn't provide further details.

 


3. Earnings

 

There are a lot of companies reporting earnings today.

Before the open, we'll get updates  from firms including Fiat Chrysler (FCAM), Hershey (HSY) and the global food giant Mondelez International (MDLZ).

After the close, GoPro (GPRO, Tech30), Marriott (MAR) and Yelp (YELP) are reporting.

 


4. Waiting for the Fed

 

The Federal Reserve will issue its latest decision on interest rates at 2 p.m. ET.

"A change in policy is not, perhaps, terribly likely," said Paul Donovan, a senior economist at UBS. "A change in the nuance of the statement is perhaps more plausible."

The world is waiting for the Fed to raise rates but it's been holding back over lingering concerns about the strength of the U.S. economy as global growth slows.

 

 

 

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What is it? It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When? At 4:00pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the NZD to rise.

 

 

 

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