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US futures are pointing to a higher open today. And European equity markets have opened in the positive territory, following advanced levels in Asian markets. Yen in headlines as it rebounded. Market focus also on concerns over hawkish repricing of Fed pivot expectations with only one rate cut now being priced in for 2024. Also concerns that Fed will have no scope to ease at all in 2024.
Companies Mentioned: Heartland Financial, UMB Financial, Zoetis, Phibro Animal Health, Fulton Bank, Republic First Bancorp, Apple
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2828 ratings
US futures are pointing to a higher open today. And European equity markets have opened in the positive territory, following advanced levels in Asian markets. Yen in headlines as it rebounded. Market focus also on concerns over hawkish repricing of Fed pivot expectations with only one rate cut now being priced in for 2024. Also concerns that Fed will have no scope to ease at all in 2024.
Companies Mentioned: Heartland Financial, UMB Financial, Zoetis, Phibro Animal Health, Fulton Bank, Republic First Bancorp, Apple
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