Description
S&P futures are pointing to a flat open today. Asian markets finished Tuesday trading mixed, while European markets are firmer in early trades. For today's highlight, Japan's equity market is in a cautious phase post-election, with strategists noting potential short-term impacts from the lack of a majority government. Clear economic policies might spark a rally, with a focus on possible looser fiscal measures. Concerns over foreign outflows exist, but macro funds are only moderately short, and CTAs are neutral, limiting momentum selling risks.
Companies Mentioned: Netflix, Apple
US futures are pointing to a very slightly lower, almost flat open today. European equity markets have opened in the positive territory, following mixed Asian markets. Markets are rotating away from Trump trades and becoming more macro-driven. Japan approved ¥21.9T stimulus plan plus ¥13.9T...
Published 11/22/24
US equity futures are trending lower this morning, while European markets are narrowly lower after a downbeat close on Wednesday. Asian markets closed mixed. Earnings from NVIDIA dominated sentiment, with the company delivering better-than-expected Q3 results but providing Q4 guidance that fell...
Published 11/21/24