Materials Higher Ahead of Fed Meeting -- Materials Roundup

Wall Street’s week ahead The Fed Trump at the U.N. and bitcoin

Central banks are also due to hold policy meetings in Japan, Taiwan, Philippines and Indonesia.

FED WATCH: Investors are looking ahead to this week's Fed policy meeting for indications on the timing of the next rate hike and when the Fed might start shrinking its multitrillion-dollar stockpile of bonds.

Wall Street eked out fresh record closes in advance of this week's Federal Reserve meeting, which is expected to announce a draw down of its massive bond holdings, sending bond yields higher.

"The quiet nature of (the market) is in anticipation of the Fed meeting".

The Fed, which holds a policy meeting this week and is set to begin unwinding the purchases as soon as next month, says they were needed to rescue the USA economy from an even deeper recession in 2007-2009 and to put it on a steady course in the years since.

"There's some concern among investors as to how this will work, and how it will affect long-term rates". Forecasters expect the Fed to leave rates unchanged and stick to plans to raise rates in December. As the Fed rolled out its three separate rounds of massive purchases, stocks shot up, while the dollar sank along with yields on USA debt.

Iowa governor calls for crackdown on human trafficking
Iowa governor Kim Reynolds announced a new initiative aimed at fighting human trafficking today at her weekly press conference. Hotel and motel employees in Sioux City will soon undergo training in how to spot the victims of sexual exploitation.

Burke Sells 31500 Shares of Casella Waste Systems, Inc. (CWST) Stock
It has outperformed by 82.72% the S&P500.The move comes after 5 months positive chart setup for the $760.43 million company. BidaskClub raised Casella Waste Systems from a "hold" rating to a "buy" rating in a research report on Thursday, July 13th.

Around The World In 79 Days, On A Cycle!
The first stage saw him travel through Europe to Russian Federation and Mongolia, culminating in Beijing. Mark began long-distance cycling at the age of 12 when he rode 145 miles across Scotland.

CURRENCY: The dollar rose to 111.39 yen from Friday's 110.82 yen. The American ambassador to the United Nations, Nikki Haley, said Sunday that North Korea will be destroyed if it continues with reckless behavior. India's Sensex gained 0.6 percent to 32,472.62.

S&P 500 e-minis were up 5.25 points, or 0.21 percent, with 92 contracts changing hands. The Dow Jones Industrial Average rose 0.28% to 22,331.35 points, the S&P 500 gained 0.15% to 2,503.87 points and the Nasdaq Composite added 0.1% to 6,454.64 points. Look for the Fed's statement and a news conference at 11 a.m. ...

Global stocks ran the table on Monday, rising in New York, Europe and Asia on a mix of optimism, resilient oil prices and renewed calm on the Korean peninsula.

In the USA bond market, prices were little changed.

Yet the US central bank's $3.5-trillion of Treasury and mortgage purchases over six years has failed to light a fire under price measures.

US crude CLcv1 fell 43 cents to settle at $49.48 a barrel, while Brent LCOcv1 declined 34 cents to settle at $55.14.

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