3 min
Financial Market Preview - Monday 13-May FactSet U.S. Daily Market Preview
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- Business News
US futures are indicating a higher open today, extending Friday's gains. European equity markets have opened in the positive territory, following mostly lower Asian markets. Equity market sentiment broadly supported by justified optimism regarding corporate earnings, hopes of Fed easing amid signs of weakening US labor market, alongside more dovish guidance from ECB and BOE. Attention now shifting to April US CPI report with consensus looking for some moderation in core inflation.
Companies Mentioned: Apple, Arm Holdings
US futures are indicating a higher open today, extending Friday's gains. European equity markets have opened in the positive territory, following mostly lower Asian markets. Equity market sentiment broadly supported by justified optimism regarding corporate earnings, hopes of Fed easing amid signs of weakening US labor market, alongside more dovish guidance from ECB and BOE. Attention now shifting to April US CPI report with consensus looking for some moderation in core inflation.
Companies Mentioned: Apple, Arm Holdings
3 min