Financial Market Preview - Monday 11-Nov
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Description
US futures indicate a higher open on Monday. European equity markets are trading higher, while Asian markets closed mostly lower. Market attention remains on Europe’s recovery after last week's sell-off, which was fueled by uncertainties around the potential policy shifts from a Trump presidency. Mixed signals from the ECB persist, with Holzmann indicating that a December rate cut is not a done deal, even as markets anticipate further ECB easing. Additionally, Germany may see an early election due to mounting pressure on Chancellor Scholz from opposition parties, the Greens, and FDP, possibly pushing the election forward from the planned March timeline. Companies Mentioned: Sivers Semiconductors, byNordic Acquisition, Embraer, Saab, Woodside Energy Group
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