US futures are pointing to a higher open today. European equity markets have opened mixed, following higher levels in Asian markets. Markets seeing dovish repricing of Fed rate path in recent sessions amid increase in growth concerns. Futures fully pricing in Fed rate cut by November, while odds for September move back above 50%. This has resulted in spillover in European rates market, where attention is turning to tomorrow's ECB decision with rate cut anticipated.

Companies Mentioned: Intel, Apollo, Kinetik Holdings

US equity futures are lower as of 05:00 ET. This follows mostly weaker markets in Asia, while European equity markets are lower. The USD is nearing its lowest levels since mid-March, as growth concerns lead markets to fully price in a Fed rate cut by December. Markets are eyeing signs that China's property support measures are working to stabilize the real estate market.

Companies mentioned: Johnson & Johnson, International Paper, Suzano, DS Smith

US futures are indicating a higher open today. European equity markets have opened in the positive territory, following mostly higher levels in Asian markets. Rate backup in focus with yield curves bear steepening amid hawkish Fedspeak and weak Treasury auctions. Markets also dialing back ECB rate cut expectations beyond June. BOJ rhetoric continuing to lean hawkish.

Companies Mentioned: Paramount Global, Sanofi, Stericycle, Waste Management

US futures are pointing to a lower open today. European equity markets have opened mixed, following higher levels in Asian markets. Downward revision to US GDP growth revived hopes of an interest rate cut before end of year. Investors also cognizant of US PCE price index due today, which may give clearer indication of Fed's next move.

Companies Mentioned: Apple, Hertz Global

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 opened mostly higher. Market sentiment has been undermined by the rate back-up following another softer Treasury auction. Supply concerns have added to the hawkish rate re-pricing. In overseas developments, Chinese Yuan is another focus as the on-shore rate hovers near a six-month low against the dollar.

Companies mentioned: OpenAI, Visa, Mastercard, Brookfield, Neoen

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