FactSet U.S. Daily Market Preview FactSet

US futures are pointing to a slightly higher open today. European equity markets have opened mixed, following lower levels in Asian markets.  US dollar is flat, while Asia currencies have seen modest gains. Hawkish ECB officials reportedly regretted premature rate cut commitment. In US, markets back to pricing in two Fed rate cuts by end-2024.
Companies Mentioned: Patria Investments, Piper Sandler

US futures are pointing to a mostly flat open today. European equity markets have opened higher, following mixed trading in Asian markets. Focus on the ECB policy decision today, with the first rate cut in the cycle being anticipated. Attention is on comments related to policy outlook, with expectation the ECB will maintain a data-dependent approach and avoid signaling a further rate cut. Meanwhile, Fed rate cut expectations are supporting risk assets after the ADP private payrolls miss.
Companies Mentioned: Microsoft, OpenAI, Nvidia, Shein

US futures are pointing to a higher open today. European equity markets have opened mixed, following higher levels in Asian markets. Markets seeing dovish repricing of Fed rate path in recent sessions amid increase in growth concerns. Futures fully pricing in Fed rate cut by November, while odds for September move back above 50%. This has resulted in spillover in European rates market, where attention is turning to tomorrow's ECB decision with rate cut anticipated.
Companies Mentioned: Intel, Apollo, Kinetik Holdings

US equity futures are lower as of 05:00 ET. This follows mostly weaker markets in Asia, while European equity markets are lower. The USD is nearing its lowest levels since mid-March, as growth concerns lead markets to fully price in a Fed rate cut by December. Markets are eyeing signs that China's property support measures are working to stabilize the real estate market.
Companies mentioned: Johnson & Johnson, International Paper, Suzano, DS Smith

US futures are indicating a higher open today. European equity markets have opened in the positive territory, following mostly higher levels in Asian markets. Rate backup in focus with yield curves bear steepening amid hawkish Fedspeak and weak Treasury auctions. Markets also dialing back ECB rate cut expectations beyond June. BOJ rhetoric continuing to lean hawkish.
Companies Mentioned: Paramount Global, Sanofi, Stericycle, Waste Management

US futures are pointing to a lower open today. European equity markets have opened mixed, following higher levels in Asian markets. Downward revision to US GDP growth revived hopes of an interest rate cut before end of year. Investors also cognizant of US PCE price index due today, which may give clearer indication of Fed's next move.
Companies Mentioned: Apple, Hertz Global