FactSet U.S. Daily Market Preview

10 Episodes
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By: FactSet

StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.

Financial Market Preview - Tuesday 16-Apr
#72
Today at 9:10 AM

US equity futures are indicating a broadly flat open as of 05:00 ET. This follows sharply lower markets in Asia, while European equity markets are broadly weaker. Middle East tensions continue to weigh on risk sentiment. Bond yields continue to backup, continuing the recent hawkish repricing of the Fed rate outlook amid firmer US data. FX volatility is the other big market development, especially in Asia.

Companies mentioned: International Paper, DS Smith, Live Nation Entertainment, Microsoft, UBS


Financial Market Preview - Monday 15-Apr
#71
Yesterday at 9:10 AM

US equity futures are indicating a higher open as of 05:00 ET. This follows weaker markets in Asia, while European equity markets are mostly higher. Markets are dealing with the fallout from the Iranian missile and drone assault against Israel. Treasury Secretary Yellen said nothing is off the table when dealing with China's overcapacity, including the use of additional tariffs. China pledges stronger stock market regulation and risk prevention measures.

Companies mentioned: Salesforce, Informatica, Tesla, Encore Wire, Prysmian


Financial Market Preview - Friday 12-Apr
#70
Last Friday at 9:10 AM

US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mostly lower markets in Asia, while European equity markets are broadly higher. Markets are finding some reprieve from cooler-than-expected US PPI. However, markets are pricing in less than two Fed rate cuts in 2024. ECB-speak after yesterday's policy decision is supporting a June cut, in a divergence from Fed policy. US banks will kickoff Q1 earnings season today.

Companies mentioned: Brookfield Asset Management


Financial Market Preview - Thursday 11-Apr
#69
Last Thursday at 9:10 AM

US equity futures are indicating a broadly unchanged open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. Markets are digesting the implications from yesterday's hotter US CPI print. The data prompted another round of hawkish rate re-pricing with futures pricing in two Fed cuts in 2024 - one less than Fed's median projection. Focus is on the ECB’s decision today, as well as FX intervention watch after the Yen broke below the closely watched 152-per dollar handle.

Companies mentioned: Nippon Steel, US Steel


Financial Market Preview - Wednesday 10-Apr
#68
Last Wednesday at 9:10 AM

US equity futures are indicating a broadly unchanged open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. The market is in waiting mode for several potential catalysts, particularly the March CPI due later today. We also have the ECB decision on Thursday and the start of bank earnings season on Friday. In overseas developments, Reserve Bank of New Zealand left its official cash rate unchanged as expected and reiterated rates need to remain restrictive for a sustained period.

Companies mentioned: CVC Capital Partners, Tesco, Taiwan Semiconductor


Financial Market Preview - Tuesday 9-Apr
#67
04/09/2024

US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mostly firmer markets in Asia, while European equity markets are mostly lower. There are no fresh catalysts for markets, with the stronger US growth backdrop still the overriding influence. Wednesday's US CPI data is in focus, with the report expected to garner even more attention than usual given the firmer US growth backdrop.

Companies mentioned: Meta, WW International, TSMC


Financial Market Preview - Monday 8-Apr
#66
04/08/2024

US futures are pointing to a mostly flat as of 04:45 ET. European equity markets have opened higher, following mostly higher Asian markets. Bond weakness the big story on global markets with yields propelled higher by a hotter-than-expected US payrolls report. In overseas developments, Asian market participants are eyeing a potential FX intervention from Japanese authorities with USD/JPY pair close to 152, eyed as a potential red line.

Companies Mentioned: Exxon Mobil, Shimao, China Construction Bank


Financial Market Preview - Friday 5-Apr
#65
04/05/2024

US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened much lower, following mostly weaker Asian markets. Geopolitical tensions largely been ignored by markets, but Middle East fighting has driven risk-off move on equity markets. Oil is at 6-month high, fueling concerns it will slow disinflation momentum. Nervousness in US ahead of non-farm payrolls amid debate over when Fed will first cut rates. ECB minutes and bank officials highlighted gradual approach towards rate cuts.

Companies Mentioned: Vodafone, CK Hutchison, Samsung Electronics


Financial Market Preview - Thursday 4-Apr
#64
04/04/2024

US equity futures are indicating a higher open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are higher. Equity markets have taken encouragement from comments from Fed Chair Powell, who said on Wednesday if the economy evolves as expected then it’s likely appropriate to begin cutting rates at some point this year. However, the strength in commodities may undermine the disinflation narrative if sustained. Attention now centers on March US nonfarm payrolls on Friday, with the data taking on added importance in terms of shaping rate expectations.

Companies mentioned: Konica Minolta, Vo...


Financial Market Preview - Wednesday 3-Apr
#63
04/03/2024

US equity futures are indicating a lower open as of 04:45 ET. This follows lower markets in Asia, while European equity markets are mixed. The rate backup is the main influence on the broader market sentiment. Blame has largely gone to the unexpected strength in US ISM. Attention is also on some high-profile warnings on the US deficit level.

Companies mentioned: Paramount Global, Disney