US futures are indicating a lower open today. European equity markets have opened in the negative territory, following sharply lower levels in Asian markets. Markets fully pricing in three Fed rate cuts in 2024. Japan equities experienced biggest one-day drop since 2016. Economists now weighing the timing of next BOJ rate hike, with majority anticipating another 25bp hike by end-2024 and plurality eyeing December move.
Companies Mentioned: NVIDIA (NASDAQ:NVDA), Tradeweb Markets, CooperCompanies, Occidental Petroleum (NYSE:OXY)