NewsWare’s Trade Talk: Wednesday, August 31
NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Wednesday, August 31

2022-08-31

S&P Futures are slightly higher this morning, overnight there was some weakness but the markets appear ready to inch higher ahead of the 3 employment reports due out over the next 3 days. Oil futures are trading lower this morning, down more than 3% in the pre-market. Bond yields are higher as traders increased bets that central banks will continue to hike borrowing costs to battle inflation. Fed speak is active today as 3 Fed bank presidents are scheduled to speak.

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