ADVFN US – Market Content Editor

The Treasury Department is scheduled to announce the results of this month’s auction of $50 billion worth of three-year notes at 11:30 am ET. At 1 pm ET, the Treasury Department is due to announce the results of this month’s auction of $37 billion worth of ten-year notes.

The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after ending last Friday’s trading at their best closing levels in well over a year. Traders may be reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement…

Base metals and gold prices were sliding, with investors awaiting key central bank meetings due later this week. “The macro environment is a tug-of-war between the dovish Fed and risk-on trading and lower growth/demand expectations,” Peak Trading Research said. Investors will be looking to see how Tuesday’s U.S. consumer inflation data as well as ECB…

Oil prices rose as U.S. demand outweighed worries over weak global growth. Prices gained some support after the U.S. energy department said Friday that it will refill its strategic petroleum reserve through to May, hoping to buy 3 million barrels of crude in March. Still, worries remain over demand, with Brent down 17% this quarter,…

The U.S. economy is expected to slip into a recession next year, prompting the Fed to start cutting interest rates before the ECB and causing the dollar to weaken versus the euro, LBBW Research said. A recession should help U.S. inflation approach the 2% mark in 2H, and “against this backdrop, the Fed is likely…

Stock futures were struggling for traction on Monday as investors looked ahead to a busy week on the economic front, with consumer prices and the last Federal Reserve meeting of the year ahead. Economists expect November consumer prices, due Tuesday, will show soft headline inflation, but a firm core reading. Producer prices are due on…