Investors are also looking ahead to an upcoming meeting by the Fed, amid expectations that the U.S. central bank could be cutting interest rates soon.that could result in the U.S. central bank not moving on interest rates this time, according to Fed watchers: The looming G-20 summit at which the U.S. and China, at least theoretically, could reach a trade agreement; a desire not to be seen as overly influenced by the financial markets and U.S.
"I think what we're going to learn this week is just how patient the Fed is gonna continue to be and I think that's probably the keyword. We're gonna be looking in the statements to see whether they continue to use the word patient in terms of their monitoring of the economic data or whether, if that word is not there, I think that will be some hint ... that the Fed is getting ready ...
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