4 min listen
Financial Market Preview - Friday 17-May
Financial Market Preview - Friday 17-May
ratings:
Length:
4 minutes
Released:
May 17, 2024
Format:
Podcast episode
Description
US equity futures are broadly unchanged as of 04:45 ET. This follows mixed markets in Asia, whilst European equity markets have opened lower. Investors' optimism after the US inflation data release has been dampened by the Fed's signal to keep interest rates higher for an extended period. Markets are fully discounting a Fed rate cut in November, with a 68% chance of a cut in September, the same situation seen ahead of US CPI. Companies mentioned: Tesla, Snowflake
Released:
May 17, 2024
Format:
Podcast episode
Titles in the series (20)
Financial Market Preview - Friday 10-May by FactSet U.S. Daily Market Preview