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US equity futures are indicating a higher open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Sentiment remains weighed down by hawkish repricing of the Fed rate path with futures now only pricing in 1-2 rate cuts in 2024. Some attention on US, Japan, and South Korea financial leaders' summit, where Treasury Secretary Yellen acknowledged counterparts' concerns over exchange rate depreciation.
Companies mentioned: Micron Technology, EasyJet, Nokia
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US equity futures are indicating a higher open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Sentiment remains weighed down by hawkish repricing of the Fed rate path with futures now only pricing in 1-2 rate cuts in 2024. Some attention on US, Japan, and South Korea financial leaders' summit, where Treasury Secretary Yellen acknowledged counterparts' concerns over exchange rate depreciation.
Companies mentioned: Micron Technology, EasyJet, Nokia
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