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15Mar2017 Pre-Market Commentary: Wall Street To Open Higher, Fed Rate Increase Today Is A Foregone Conclusion, Crude Prices Rise To Mid 48 Handle
Wednesday, March 15, 2017 6:17
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Written by Gary
US stock index futures pointed to a fractionally higher opening this morning (SPY +0.3%) as investors focused on the Fed’s meeting today. 25 basis points hike are already priced in with odds over 90%. Crude prices are trading higher after a surprise drawdown in U.S. crude stockpiles.
Source: http://econintersect.com/pages/market/market.php?post=201703150754
