Financial Market Preview - Friday 1-Nov
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Description
US futures are pointing to a higher open today. European equity markets have opened flat with small losses in some places, following widely anemic Asian market trades. After Nasdaq recorded biggest daily fall since early September, focus is now turning to US nonfarm payrolls, with data forecast to show hurricane- and strike-affected employment slowdown. Governor’s post-meeting remarks viewed as hawkish, laying groundwork for December or January rate hike. Companies Mentioned: Wesco International, Abbott Labs, Reckitt Benckiser
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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