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US futures are indicating a flat open today. European equity markets are trading higher, following Asian markets finished mixed on Friday. Cooler-than-expected US CPI data added momentum to the disinflation trajectory. This firmed market expectations of a September rate cut, with some even pricing in a third cut by year-end. Media continues to focus on whether US President Biden will remain 2024 presidential race.
Companies Mentioned: FMC Corp, SoftBank Group, Boeing
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US futures are indicating a flat open today. European equity markets are trading higher, following Asian markets finished mixed on Friday. Cooler-than-expected US CPI data added momentum to the disinflation trajectory. This firmed market expectations of a September rate cut, with some even pricing in a third cut by year-end. Media continues to focus on whether US President Biden will remain 2024 presidential race.
Companies Mentioned: FMC Corp, SoftBank Group, Boeing
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