ASX to rise, S&P 500 edges higher, Fed decision awaited

News Snapshot:

On Wall Street, information tech paced nine of the S & P 500’s 11 industry sectors higher near 1pm. Energy and utilities were lower. The VIX slipped, continuing to hold below 15. Today’s agenda Local: Consumer inflation expectations June at 11am AEST; Labour force May at 11.30am AEST Overseas: NZ first quarter GDP at 8.45am AEST; China May industrial production and retail sales at 12pm; Japan April machinery orders; Eurozone April trade balance; European Central Bank policy decision at 10.15pm AEST; US May retail sales and import price index at 10.30pm AEST; Philly Fed index June, May industrial production, April...