US Futures are Higher Ahead of Monetary Policy Report

US Futures are higher ahead of Monetary Policy Report.  At 11am, the Fed will release its Monetary Policy Report which is likely to be an outline of what Fed Chairman Powell will deliver to the Financial Services Committee next week.  European shares are mostly higher with Telecom stocks leading higher.  Asian shares closed mostly higher.  In Japan, consumer prices rose 0.9% in January, slightly above expectations.  Chinese regulators decided to take control of insurer Anbang for 1 year as recent moves by the company has called to question their solvency.

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United Asset Strategies Makes The Forbes Top 50 Wealth Advisors in New York State

United Asset Strategies, Inc. is pleased to announce it has been named to this year’s Forbes’ Best-In-State Wealth Advisors list in New York. The list spotlights over 2,000 top-performing advisors across the country, resulting in a Top 50 List for New York State – United was the 19th ranked advisor on this NYS list.

According to Forbes, their ranking has been developed by SHOOK Research and is based on a combination of qualitative and quantitative criteria, starting with telephone and in-person due diligence interviews. Those advisors that are considered are then evaluated based on several criteria, namely years of experience, revenue trends, assets under management, compliance records and those that encompass best practices in their approach to working with clients.

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US Futures are Higher After Digesting Yesterday's Fed Minutes

US Futures are higher after digesting yesterday’s Fed minutes.  Yesterday, the Fed released the minutes from the January meeting, revealing a discussion of an uptick of inflation and improved economic growth.  The minutes sent Treasury yields higher and equities lost their gains.  This morning, futures have strengthened throughout the morning, now near the highs of the day.  In economic data, weekly jobless claims fell by 7k last week to 222K.  European shares are mostly lower with material and energy shares underperforming.  Asian shares closed mixed, led higher by China’s Shanghai composite after re-opening from the Lunar New Year holidays.

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US Futures are Higher Ahead of Fed Minutes

US Futures are higher ahead of Fed minutes.  Later today the Fed will release the minutes from the January FOMC meeting.  Investors will be looking for clues on future interest rate changes and the outlook for inflation.  Also later this morning, investors will get an early look at February PMI and existing home sales from January.  European shares are mostly lower with energy related shares lagging.  Eurozone PMI slowed in February, while unemployment rose slightly in the U.K..  Asian markets closed mostly higher with manufacturers leading higher.

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US Futures Are Lower After Market Holiday

US Futures are lower after market holiday.  US stocks look to open lower by about 0.5% as Treasury yields continue to rise.  European shares are mostly higher, however, bank shares are underperforming on weaker earnings.  Asian shares closed mostly lower with financials and energy related names lagging.

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