Financial Market Preview - Tuesday 29-Oct
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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
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