Financial Market Preview - Friday 3-Jan
Update: 2025-01-03
Description
US futures are indicating a higher open today. European equity markets have opened flat to lower, following mixed levels in Asian markets. US markets remaining cautious and waiting for more clarity on outlook, while sharp decline of Tesla, Apple stocks weighing on sentiment. US-China trade tension also in focus. Economic data releases now in spotlight for clues on pace of Fed rate cuts this year. ECB officials appear comfortable with gradual easing policy. BoE on course for four rate cuts this year.
Companies mentioned: United States Steel, Nippon Steel, SPS Commerce
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