Investors are watching closely on the speech from Yellen about the goals of monetary policy， for more clues on the pattern of the Fed's rate hikes. Ahead of that， the Fed will release its Beige Book early in the afternoon.

On the economic front， the Consumer Price Index (CPI) for all urban consumers increased 0.3 percent in December on a seasonally adjusted basis， in line with market consensus， the U.S. Labor Department reported Wednesday.

Over the last 12 months， the all items index rose 2.1 percent before seasonal adjustment.

Meanwhile， U.S. industrial production rose 0.8 percent in December after falling 0.7 percent in November， the Fed said Wednesday.

Shortly after the opening bell， the Dow Jones Industrial Average fell 32points， or 0.16 percent， to 19，794.77. The S&P 500 rose 1.04 points， or 0.05 percent， to 2，268.93. The Nasdaq Composite Index added 6.87 points， or 0.12 percent， to 5，545.6.

On Tuesday， the U.S. stocks ended lower after wavering in a tight range， as Wall Street pondered over comments from British Prime Minister Theresa May on Brexit.

ANKARA Shaun Livingston Jersey , July 4 (Xinhua) -- Two powerful conservative figures in Turkey are locked in next month's presidential race that will for the first time elect the country's head of state through a popular vote.

The leading candidate, according to polls, is Turkish Prime Minister Recep Tayyip Erdogan, who announced his official bid on Tuesday after one and half months' delay. He is seen as the chief political Islamist that has led the ruling Justice and Development Party (AKP) government in the past 12 years.

Erdogan's major contender is Ekmeleddin Ihsanoglu Zaza Pachulia Jersey , who has garnered support from five opposition parties, including Turkey's the main and junior ones.

Ihsanoglu's conservative credentials are undisputed, as he has led the 56-nation Organization of The Islamic Cooperation, the second largest inter-governmental body after the United Nations Omri Casspi Jersey , for eight years before calling quits as the secretary-general by the end of 2013.

Selecting Ihsanoglu seemed to be a smart decision of the opposition parties for boosting their chances of beating Erdogan.

"For the first time ever, the fiercely secular party ( Republican Peoples' Party CHP) has shifted toward the right, and in a quantum leap, decided to endorse a personality whose past has had no political connection to its ideology Damian Jones Jersey ," Turkish analyst Yavuz Baydar said.

He underlined that the two men represent two faces of Turkey's pious conservatism. While Ihsanoglu represents its extremely well educated, international face with his intellectual, scholarly and diplomatic experience, Erdogan symbolizes perhaps a provincial politician with a proven inability to read the world around him correctly Andre Iguodala Jersey , according to Baydar.

"His credentials certainly present a challenge to Erdogan," he emphasized.

The question becomes how many voters will pay attention to Ihsanoglu's track record as an international personality and well- respected intellectual.

Political analyst Koray Caliskan believed that Ihsanoglu can certainly move Turkey to a better position in the Middle East.

"Ihsanoglu suits the presidential office because he has concrete principles. This is true, but I am not sure how much this matters to the voters," he said.

POLARIZATION VS RECONCILIATION

Erdogan David West Jersey , whose roots trace back to the National View ideology that was set up by late Necmettin Erbakan, founder of political Islam in Turkey, is considered as a powerful Islamist. He led two successful governments from 2002 to 2011, with a progressive agenda that oversaw a burgeoning economy and political reforms. In his last term Jordan Bell Jersey , however, the government was shaken by a massive corruption scandal that implicated his family members and close associates.

Erdogan was also accused by the opposition of moving Turkey towards a more authoritarian style of governance in the past couple of years. The opposition now touts their candidate as a perfect choice to address Turkey's problems from polarization to authoritarian tendencies that Erdogan has caused.

They highlight that he was able to secure nomination from opposition groups that represent diverse ideological base from nationalism to secularism. That may work for his advantage.

Ruhsar Demirel, deputy chair of the Nationalist Movement Party, said that by picking up Ihsanoglu as the nominee JaVale McGee Jersey , the opposition offered a reasonable approach that would establish the peace and social coherence that Turkey needs. She criticized Erdogan for possessing a mindset that seeks to gain power and authority out of social polarization

Analysts also emphasized that soft-speaking Ihsanoglu may use his compromising style against Erdogan who often resorts to harsh discourse in his public speeches.

"Turkish society urgently needs a president who can reduce the increasing polarization between conservatives and secularists," Hatice Sagdic Yildiz, an expert on Turkey, commented.

CONCERNS OVER FAIR RACE

Turkey's opposition parties that nominated Ihsanoglu as the joint candidate are very much concerned over the fairness in the presidential race. Worried that Erdogan will use state resources to fuel his election campaign Patrick McCaw Jersey , they have called on Erdogan to resign from his post as prime minister. The main opposition Republican People's Party (CHP) has already applied to the election commission to urge Erdogan to leave his post.

CHP deputy Mahmut Tanal said that the prime minister should resign in order to allow all candidates to compete under equal and fair conditions. He also noted that Turkish Constitution and election commission circulars require that all public servants must resign from their posts if they wish to run in elections.. cheap air max tn wholesale   nike air max mens wholesale   wholesale nike shoes china   wholesale jordan shoes from china   nike vapormax wholesale womens   nike shoes wholesale outlet   Cheap Nike Shoes Online   cheap air jordans womens   Wholesale Nike Shoes China   Wholesale Air Jordan