FYI: European stocks edged higher Monday, following a mixed session in Asia as investors awaited a series of central-bank policy meetings this week.
The Stoxx Europe 600 gained 0.1%, while the U.K.’s FTSE 100 was flat and Germany’s DAX ticked 0.1% higher in early trade.
German airline Deutsche Lufthansa was among the region’s biggest losers, shedding more than 10% after issuing a profit warning on Sunday night.
In Asia, China’s Shenzhen Stock Exchange slipped 0.3% and Korea’s Kospi fell 0.2%, but Hong Kong’s Hang Seng gained 0.6% after authorities indefinitely suspended debating a controversial extradition bill which had sparked a wave of protests across the city. Japan’s Nikkei was mostly unchanged.
Futures pointed to modest gains on Wall Street, with opening gains of 0.1% for both the S&P 500 and the Dow Jones Industrial Average. Both indexes finished slightly higher last week, despite losses on Friday.
The week’s main event will be the U.S. Federal Reserve’s policy meeting, due to begin Wednesday, where members are likely to debate a potential interest-rate cut.
Markets rallied earlier this month after Fed Chairman Jerome Powell said the central bank would act to sustain U.S. economic expansion in the face of escalating geopolitical and trade tensions. However, some analysts said investors are overestimating the likelihood of such a cut given a recent run of fairly positive U.S. economic data.
lsewhere, the Bank of Japan and the Bank of England will hold similar meetings on Thursday, though no changes are expected from either of those meetings, Mr. Hewson said.
The yield on 10-year U.S. Treasurys edged down to 2.098%, from 2.102% on Friday.
Meanwhile, shares in Deutsche Bank rose more than 3.2% after the Financial Times reported the German lender was considering shifting up to €50 billion of risky assets to a so-called bad bank, and may shrink or shut its U.S. equities business amid a broad shake-up of its trading operations.
In commodities, global oil benchmark Brent crude slipped 0.7% to $61.58 a barrel, following a rebound on Friday, while gold dropped 0.2% to $1,342 a troy ounce.
The WSJ dollar index, which measures the currency against a basket of its peers, was flat.
Regards,
Ted
MarketWatch:
https://www.marketwatch.com/story/us-stock-futures-inch-up-in-cautious-atmosphere-ahead-of-fed-meeting-2019-06-17/printWSJ:
https://www.wsj.com/articles/stocks-post-mild-gains-to-start-the-week-11560757478Bloomberg:
https://www.bloomberg.com/news/articles/2019-06-16/asia-stocks-to-dip-as-focus-turns-to-central-banks-markets-wrap?srnd=premiumReuters:
https://www.reuters.com/article/us-global-markets/stocks-dollar-hold-gains-with-all-eyes-on-fed-meeting-idUSKCN1TI044IBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-apple-stock-market-rally-dow-stocks-microsoft-disney-boeing/CNBC:
https://www.cnbc.com/2019/06/17/stock-market-federal-reserve-meeting.htmlU.K.
https://uk.reuters.com/article/uk-britain-stocks/banks-lead-ftse-higher-airlines-hit-by-lufthansa-warning-idUKKCN1TI0NYEurope:
https://www.reuters.com/article/us-europe-stocks/banks-gains-keep-european-shares-afloat-after-lufthansa-warning-idUSKCN1TI0NQAsia:
https://www.marketwatch.com/story/asian-markets-mostly-higher-as-investors-await-fed-meeting-2019-06-16/printBonds:
https://www.cnbc.com/2019/06/14/us-treasury-yields-continue-to-slide-as-middle-east-tensions-escalate.htmlCurrencies:
https://www.cnbc.com/2019/06/17/forex-market-us-retail-data-fed-rate-cut-bets-in-focus.htmlOil:
https://www.cnbc.com/2019/06/17/oil-market-middle-east-tanker-attacks-us-iran-tensions-in-focus.htmlGold:
https://www.cnbc.com/2019/06/17/gold-market-us-dollar-moves-us-china-trade-tensions-in-focus.htmlCuirrent Futures:
https://finviz.com/futures.ashx 
