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Instrument: US100
Bullish Preference:
Buy position is envisaged if price trades above 15399.65 with take profit at 15436.27
Bearish Preference:
Sell position is envisaged if price trades below 15293.07 with take profit at 15257.87
Fundamentals:
1:30pm USD Core PPI m/m
USD PPI m/m
3:15pm USD FOMC Member Waller Speaks
7:00pm USD FOMC Meeting Minutes
Comment:
U.S. stock index futures ticked higher on Wednesday as Treasury yields retreated, while investors awaited minutes from the Federal Reserve’s last policy meeting and more economic data.
Minutes from the Fed’s September meeting, where the policymakers held rates steady, would be crucial in assessing the central bank’s outlook on interest rates.
Analysis: SCRUM Team
