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Podcast : Financial Market Preview - Friday 1-Mar

Published 2024-03-01, 06:50 a/m
Updated 2021-08-23, 06:30 a/m

US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened in the positive territory, following a strong session in Asia. Equity market sentiment positive after yesterday's US PCE toned down fears of more hawkish Fed stance. Absence of upside surprise from the report viewed positive. Market-implied odds of June rate cut unchanged and futures still pricing in 75 bps of easing in 2024, in line with Fed.

Companies Mentioned: Fortune Brands Innovations, Clarus, Wincanton, GXO Logistics

 

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