NEW YORK (Reuters) - U.S. stocks were set for a slight dip at the open on Wednesday after weak earnings forecasts from retailers Lowe's and Target, ahead of the release of minutes from the most recent meeting of the Federal Reserve.
The dollar strengthened to an 11-month high versus the euro before the Federal Reserve releases the minutes of its July meeting, amid speculation policy makers are moving toward raising borrowing costs.
The Bank of England in the City of London. Two officials at the central bank pushed for an immediate rise in interest rates in August, according to minutes published Wednesday.
BUENOS AIRES (Reuters) - Argentina's plan for making payments on its sovereign bonds via a local bank aims to protect the vast majority of creditors who participated in two debt restructurings, Cabinet chief Jorge Capitanich said on Wednesday.
Lowe's Cos. (LOW), the second-largest U.S. home-improvement retailer, trimmed its full-year revenue forecast after sales of appliances and yard merchandise helped it beat profit estimates in the second quarter.