Financial Market Preview - Thursday 9-May
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US equity futures are pointing to a lower open as of 04:45 ET. This follows mixed markets in Asia, with European equity markets also mixed. A focus in Europe today on the Bank of England policy decision. A steady hand is expected, though there is the possibility of more MPC members backing a rate cut after only one official voted against the majority in March. A lack of other major catalysts with the market in wait-and-see mode ahead of the next meaningful signals on US inflation, Fed policy and the economic growth outlook. Companies mentioned: Paramount, Apollo, Sony, Yamaha, BeiGene
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US futures are pointing to a higher open today. European equity markets have opened mostly in the positive territory, following mixed levels in Asian markets. May FOMC minutes noted disinflation likely to take longer than previously expected and discussion about maintaining current restrictive...
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US equity futures are broadly unchanged as of 04:45 ET. This follows mixed markets in Asia, whilst European equity markets have opened lower. Focus in Europe on UK inflation data, which eased sharply to 2.3% in April, but above the Bank of England’s forecast and services prices remain sticky....
Published 05/22/24