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US Futures are Higher as the Market Awaits Comments From Two Fed Presidents

US Futures are higher as the market awaits comments from two Fed Presidents.   Minneapolis Fed President Neel Kashkari and Dallas Fed President Robert Kaplan will both speak later today.  The market continues to look for clues on the probability of future rate hikes.  The NFIB released the September Small Business Optimism report this morning that came in below estimates at 103.  Weakness was broad in sales expectations and not limited to hurricane ravaged states.  European shares are flat.  Spain’s IBEX slumped by about 1%.  The Catalan parliament is meeting today to consider a declaration of independence.  Asian shares closed mostly higher.

 

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