1. Global markets mixed ahead of Federal Reserve's policy decision. 2. U.S. index futures indicate slight price increase before markets open. 3. Asian markets mostly lower, with cautious trading amid inflation concerns. 4. The dollar decreased slightly, reflecting potential rate cut expectations. 5. Oil prices steady amid ongoing geopolitical tensions in Ukraine.
FAQ
Why Bullish?
An anticipated rate cut from the Fed historically benefits equities, including CN.
How important is it?
The Fed's monetary policy directly influences market liquidity, affecting CN's price performance.
Why Short Term?
Immediate market reactions are expected with the Fed's announcement impacting stock prices soon.