The Traderszone Network

Published in TZ Latest News 26 August, 2016 by The TZ Newswire Staff

With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal

With Yellen’s much anticipated speech just hours away, the already comatose market flatlined overnight in another directionless session, with European stocks and US equity futures practically unchanged, while Asian shares to a two-week low, led by Japan, as investors showed a reluctance to take on risk before Yellen’s speech. The dollar was a tad lower, along with oil which continues to move on every single OPEC-meeting headline, and is set for its first weekly drop in a month. 

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