U.S. futures are almost flat ahead of the open on Wednesday, broadly reflecting the kind of moves seen elsewhere as safe haven flows subside but risk appetite remains weak.
After shocking markets with an interest rate cut at the start of the year, the Bank of Canada is expected to end 2015 on a more sedate note, holding rates steady through next year and waiting for better U.S. growth to provide a boost, a Reuters poll found.
The next 48 hours will be massive for global central banks, with major monetary policy decisions taking place in Canada, New Zealand, the UK, and Russia all on tap this week.
It has been a quiet morning in regards to North American markets as the economic calendar was mostly blasé thanks to no US news being released and only the
The Bank of Canada unexpectedly cut its main interest rate by a quarter percentage point, saying the oil- price shock will drag down inflation and weigh on everything from exports to business and consumer spending.
