ADVFN US – Market Content Editor

The major U.S. index futures are currently pointing to a modestly higher open on Tuesday, with stocks likely to see further upside after ending the previous session mostly higher. Optimism about the outlook for interest rates may contribute to continued strength on Wall Street, as stocks appear poised to extend the upward trend seen over…

Copper prices edged higher despite broad concerns over weak demand in top metals consumer China, and as investors continued to keep a close eye on the path of interest rates. According to analysts, markets continue to price in a 25 basis-point interest rate cut by the Fed as early as March. “The communication and timing…

Oil prices were mixed on concerns over global trade disruptions after major shipping and oil-and-gas companies paused transit in the Red Sea due to escalating attacks from Yemen’s Houthi rebels. The U.S. and other nations have set up a naval force to protect vessels in the area, while an increasing number of companies were rerouting…

The yen fell after the BOJ kept its ultra-loose policy unchanged and offered no hints of a possible switch in direction, but losses were limited, suggesting investors still expect the central bank to tighten next year, UniCredit Research said. “This relatively moderate reaction… suggests that investors are still confident that a change in the BOJ…

Stock futures hovered on Tuesday as investors continued to revel in an expected loosening of monetary policy in 2024 amid a ‘soft landing’ for the economy. Some Fed officials in recent days appeared to push back against the market’s hopes for lower borrowing costs as early as March, but equity investors seem to have shrugged…

Cevian Buys 1.3% of UBS Cevian has taken a stake in UBS worth $1.3 billion, saying it sees significant value potential in the bank after its takeover of Credit Suisse. Why UBS Wants to Be the No. 6 Investment Bank in the U.S. (Yes, No. 6) Swiss financial giant UBS is making a new push…