FactSet U.S. Daily Market Preview FactSet

US equity futures are indicating a slightly lower open as of 05:00 ET. This follows mostly higher markets in Asia, while European equity markets are mixed. Monday's yen volatility continued to reverberate overnight. China official manufacturing PMI was little changed in expansion territory, while non-manufacturing index was softer than expected. Markets are mostly awaiting tomorrow's FOMC, employment data and Treasury quarterly refunding, along with megacap earnings.
Companies mentioned: Comcast, Walt Disney, Warner Bros Discovery, Goldman Sachs, General Motors, Barclays

US futures are pointing to a higher open today. And European equity markets have opened in the positive territory, following advanced levels in Asian markets. Yen in headlines as it rebounded. Market focus also on concerns over hawkish repricing of Fed pivot expectations with only one rate cut now being priced in for 2024. Also concerns that Fed will have no scope to ease at all in 2024.
Companies Mentioned: Heartland Financial, UMB Financial, Zoetis, Phibro Animal Health, Fulton Bank, Republic First Bancorp, Apple

US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened in the positive territory, following mostly higher Asian markets. BOJ left policy settings unchanged as expected. FY24 core inflation projection upgraded. FY26 core inflation around 2%. Bond purchases to be conducted in accordance with decisions made in March. Finance Minister Suzuki expressed concerns over negative effect of yen depreciation, repeating readiness to act if needed.
Companies Mentioned: MSFT, GOOG, SNAP, INTC

US futures are pointing to a lower open as of 04:05 ET. European equity markets have opened mixed, following mixed to lower Asian markets. Upcoming US GDP and PCE readings broadly highlighted as main risk events. Attention also on FX developments with yen breaking into 155 vs dollar and entering range expected to prompt MOF intervention. BOJ policy still widely expected to remain unchanged.
Companies Mentioned: Meta Platforms, HashiCorp, IBM, Boeing

US equity futures are indicating a higher open as of 05:00 ET. This follows broadly higher markets in Asia, while European equity markets are firmer. Sentiment remains positive with lower rates and a weaker dollar helping on Tuesday after softer US flash PMI data. The focus in US after-hours was on earnings from Tesla.
Companies mentioned: Tesla, Texas Instruments, Visa

US equity futures are indicating a mostly flat open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Equity markets are benefiting from no further escalation in Middle Eastern tensions. Some thoughts are the recent sell-off is more technical than fundamental. There is also ongoing focus on the Fed outlook, with a reduction in rate cut expectations remaining a talking point.
Companies mentioned: JD Sports Fashion, Hibbett, Novartis, SAP