Investing.com -- U.S. stock futures rise at the start of a week that includes several major central bank meetings, including the Federal Reserve, as well as earnings from key tech companies. Apple is taking its time incorporating artificial intelligence features into its key products, while the European corporate results season also continues.The Fed concludes its July policy meeting on Wednesday, and is widely expected to maintain its benchmark overnight interest rate in the current 5.25%-5.
Last month, the BoE's Monetary Policy Committee voted 7-2 to keep rates on hold, but this decision is expected to be more finely balanced with policymakers having to judge between higher-than-expected service price inflation and weak growth.U.S. stock futures edged higher Monday at the start of a week dominated by a Federal Reserve meeting as well as a number of key corporate earnings.
Apple is set to report its June quarter earnings later this week, and is expected to log a sustained decline in device sales amid increased competition and saturation in the smartphone market.) shares slumped 7% after the world’s second-largest brewer missed half-year estimates and announced a hefty impairment, as it wrote down the value of its 40% stake in China Resources Beer.