NewsWare’s Trade Talk: Monday, March 14

S&P Futures are displaying a move higher this morning in hopes of a ceasefire between Russia & Ukraine. Oil futures are lower by more than 3% as global demand may be weakening due to a Covid outbreak in China. The FOMC announcement on Wednesday will clearly be the economic data highlight of the week. Geopolitical events in Russia and China's surging Covid rates may cause the Fed to display a more dovish tone on Wednesday as the Powell-led Fed wants to become more nimble.  Gitlab Inc. and Vail Resorts Inc. are among the companies reporting earnings today.