4 min
Financial Market Preview - Thursday 11-Apr FactSet U.S. Daily Market Preview
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- Business News
US equity futures are indicating a broadly unchanged open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. Markets are digesting the implications from yesterday's hotter US CPI print. The data prompted another round of hawkish rate re-pricing with futures pricing in two Fed cuts in 2024 - one less than Fed's median projection. Focus is on the ECB’s decision today, as well as FX intervention watch after the Yen broke below the closely watched 152-per dollar handle.
Companies mentioned: Nippon Steel, US Steel
US equity futures are indicating a broadly unchanged open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. Markets are digesting the implications from yesterday's hotter US CPI print. The data prompted another round of hawkish rate re-pricing with futures pricing in two Fed cuts in 2024 - one less than Fed's median projection. Focus is on the ECB’s decision today, as well as FX intervention watch after the Yen broke below the closely watched 152-per dollar handle.
Companies mentioned: Nippon Steel, US Steel
4 min