NewsWare's Trade Talk: Wednesday, April 3

S&P Futures are cautiously lower this morning. Key events to monitor include the details of a 7.4 earthquake in Tawain overnight. Eurozone's inflation reading being weaker than expectations. A speech by Fed Chair Jerome Powell and a host of economic reports. In corporate news, DIS is having its shareholders meeting today and INTC announced that its Foundry unit lost $7b in 2023. In Europe markets are mostly higher as markets expect the ECB to lower rates in June after this morning's positive reading on inflation. Oil prices tick higher ahead of OPEC meeting and this morning stockpiles report.