Geopolitical headlines on Ukraine and Russia point to an easing of tensions after Russian President Vladimir Putin confirmed that he would be open to a ceasefire discussion with President-elect Donald Trump, Reuters reports.
At 12:00 GMT, the Mortgage Bankers Association (MBA) released the weekly Mortgage Applications. This week’s number came in at 1.7% against last week’s numbers, which was an increase of 0.5%.
Near 15:00 GMT, Federal Reserve Vice Chair for Supervision Michael Barr testifies about the oversight of prudential regulators before the House Financial Services Committee in Washington DC.
Federal Reserve Governor Lisa Cook delivers a speech about the US economic outlook and monetary policy at the University of Virginia Department of Economics in Charlottesville, Virginia at 16:00 GMT.
Near 17:15 GMT, Federal Reserve Governor Michelle Bowman delivers a speech about "approach to agency policymaking" at the Forum Club of the Palm Beaches in West Palm Beach, Florida.
Federal Reserve Bank of Boston President Susan Collins delivers remarks and participates in a conversation at an event organized by the Ford School in Ann Arbor, Michigan at 21:00 GMT.
Equities have shrugged off the drag of the geopolitical headlines from Tuesday and are in positive spirits ahead of the Nvidia earnings release after the US closing bell. European stocks are up with US equity futures following suit.
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