FactSet U.S. Daily Market Preview FactSet

US equity futures are pointing to a lower open as of 04:45 ET. This follows weaker markets in Asia, whilst European equity markets have also opened lower. The rate back-up on supply pressures, firmer data, and the commodities rally are an overhang on the market. This follows last week's weakness in Treasuries on hawkish Fedspeak and minutes, and also positive macro surprise momentum.
Companies mentioned: ConocoPhillips, Marathon Oil, Merck

US equity futures are higher as of 05:00 ET. This follows mixed markets in Asia, while European equity markets are narrowly mixed. The focus remains on the US economic backdrop and the Fed rate path. A rate cut looks like a done deal at next week's ECB meeting.
Companies mentioned: Petrobras

US equity futures are higher as of 05:00 ET. This follows weakness in Asia, while European equity markets are lower. The bond yield backup is in focus after markets responded to stronger-than-expected US PMIs that played into the good-news-is-bad-news dynamic. European PMIs were also stronger but price pressures are easing.
Companies mentioned: International Paper, Suzano, Nvidia

US futures are pointing to a higher open today. European equity markets have opened mostly in the positive territory, following mixed levels in Asian markets. May FOMC minutes noted disinflation likely to take longer than previously expected and discussion about maintaining current restrictive stance for longer. Also willingness to tighten policy further, should more inflationary pressures materialize. Markets now back to pricing in 1~2 rate cuts in 2024.
Companies Mentioned: Nvidia, McEwen Mining, Timberline Resources, Moderna, Pfizer, Live Nation Entertainment

US equity futures are broadly unchanged as of 04:45 ET. This follows mixed markets in Asia, whilst European equity markets have opened lower. Focus in Europe on UK inflation data, which eased sharply to 2.3% in April, but above the Bank of England’s forecast and services prices remain sticky. FOMC minutes due out later today, with previews noting a potential for a hawkish tilt, echoing recent Fedspeak that has pushed a higher-for-longer messaging on rates.
Companies mentioned: Snowflake, Schneider Electric, Bentley Systems, Panasonic, Tesla

US futures are pointing to a very slightly higher open today. European equity markets have opened in the negative territory, following lower levels in Asian markets. No fresh catalysts for markets as investors awaiting FOMC minutes to gauge timing and extent of possible rate cuts this year. Latest Fedspeak highlighted bumpy inflation, with comments from Fed officials signaling continued caution on interest rate policy. Prospects for European markets remain positive.
Companies Mentioned: Phillips 66, Suzano, International Paper