Japanese Prime Minister Shinzo Abe said his government would compile a stimulus package of more than $265 billion next week to reflate the flagging economy, although it was unclear how much would be spent to directly boost growth.
It’s been a tumultuous year for Wall Street, and market participants aren’t expecting the Federal Reserve to add fuel to the now-contained fire at the conclusion of the central bank’s July meeting Wednesday.
U.S. stock-index futures rose on Wednesday, as European and Japanese stocks gained in early trade ahead of policy announcements from the U.S. Federal Reserve and the Bank of Japan.
- USDJPY: 105.75
- EURUSD: 1.1002
- S&P 500: 2,172.30
- NASDAQ : 5,114.73