Futures pointed to a lower open for stocks in Japan. Both the Nikkei futures contracts in Chicago and Osaka were at 23,080. That compared against theShares in Australia were also set to dip. The SPI futures contract was at 6,102.0, as compared to theMeanwhile, China is set to announce its benchmark lending rate at its August fixing on Thursday, expected at around 9:30 a.m. HK/SIN.
Majority of the participants in a Reuters surveyFederal Open Market Committee members agreed at their latest meeting in late July that the ongoing situation surrounding the coronavirus pandemic could "weigh heavily on economic activity, employment, and inflation in the near term and was posing considerable risks to the economic outlook over the medium term," according to the meeting minutes. The U.S. central bank kept rates unchanged last month.
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US stocks edge higher as investors mull further stimulus, US-China trade talks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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