StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.
Financial Market Preview - Tuesday 30-Nov
US futures are indicating a lower open as of 05:00 ET. European equity markets are lower following mixed Asian trade. Sentiment has deteriorated after Moderna's CEO predicted existing vaccines will struggle with the new Covid variant Omicron and warned it would take months before new jabs can be manufactured at scale. The focus is also on Fed Chair Powell's comments, who said that the Omicron variant poses downside risks to economic activity and increased uncertainty for inflation.
Company's mentioned: Moderna, Pfizer, BioNTech, Lululemon, Peloton
Financial Market Preview - Monday 29-Nov
US futures are indicating a higher open as of 05:00 ET. European equity markets higher on Monday. Asia finished mostly weaker. All the focus remains on the omicron Covid-19 variant, which is being discovered in more countries. Several countries have tightened travel restrictions. Still too early to know the severity of the variant, but some encouragement from reports that younger patients tend to have milder symptoms.
Company's mentioned: Evergrande, Reliance, BT Group
Financial Market Preview - Friday 26-Nov
US futures are indicating a lower open as of 05:00 ET. Asian markets traded significantly lower on Friday. European equity markets also trading sharply lower, though currently off the worst levels . Risk-off mode said to be driven by concerns over a new Covid variant first discovered in Southern Africa, said to be more transmissible, with questions over potential immunity to vaccines.
Company's mentioned: Didi Global, KKR, CVC, Telecom Italia
Financial Market Preview - Wednesday 24-Nov
US futures are indicating a lower open as of 05:00 ET. European equity markets are mixed following a mixed session in Asia. Covid infection rates remain a key focal point in Europe amid increasing risk of more onerous mitigation measures during winter months. Fed officials talking about an accelerated taper to give flexibility on rate liftoff is in focus ahead of November minutes today. There are several US releases on the calendar ahead of the Thanksgiving holiday, including durable orders, wholesale inventories and personal income.
Company's mentioned: Apple, Qualcomm, TSMC, Nordstrom, Gap, HP
Financial Market Preview - Tuesday 23-Nov
US futures are indicating a lower open as of 05:00 ET. European equity markets are lower following a mixed session in Asia. The focus in Europe remains on the increase in new Covid infections and subsequent impact on the growth outlook. The macro data focus today is on flash PMIs for November.
Company's mentioned: Comcast, Disney, SVB Financial Group, Amazon, Apple
Financial Market Preview - Monday 22-Nov
US futures are indicating a higher open as of 05:00 ET. European equity markets are mostly higher following a mixed session in Asia. A lot of focus on worsening Coronavirus trends in Europe and US. The outbreak in Europe has led to the re-imposition of restrictions/partial lockdowns in Europe, sparking protests across the continent over the weekend. Telecom Italia in focus following a buyout offer from KKR.
Company's mentioned: Telecom Italia, KKR, Monster Beveridge, Constellation Brands, Ericsson, Vonage, Apollo, Marks and Spencer
Daily first thing ...
This podcast is akin to my morning coffee (almost!). Thank you for bringing this extremely informative, brief and all worldwide market encompassing summary. I find this as an extreme value add to my morning ahead of my day in the market. Thank you!
Market update first thing in morning
This is great for me. It gives me quick 5 minute rundown of global market news from overnight that I can listen to getting coffee or on the train into the office. Allows me to walk into the office well-informed of what happened in markets while I was sleeping. Highly recommend for those who work in financial sector.