4 min
Financial Market Preview - Friday 12-Apr FactSet U.S. Daily Market Preview
-
- Business News
US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mostly lower markets in Asia, while European equity markets are broadly higher. Markets are finding some reprieve from cooler-than-expected US PPI. However, markets are pricing in less than two Fed rate cuts in 2024. ECB-speak after yesterday's policy decision is supporting a June cut, in a divergence from Fed policy. US banks will kickoff Q1 earnings season today.
Companies mentioned: Brookfield Asset Management
US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mostly lower markets in Asia, while European equity markets are broadly higher. Markets are finding some reprieve from cooler-than-expected US PPI. However, markets are pricing in less than two Fed rate cuts in 2024. ECB-speak after yesterday's policy decision is supporting a June cut, in a divergence from Fed policy. US banks will kickoff Q1 earnings season today.
Companies mentioned: Brookfield Asset Management
4 min