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Podcast : Financial Market Preview - Friday 3-Feb

Published 2023-02-03, 07:06 a/m

US futures are indicating a lower open with Nasdaq sharply down, after big tech names such as Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) reported underwhelming earnings and guidance. European equities markets have opened lower, following mixed Asia trade. US NFP result is expected to show weakest monthly job gain since Dec-2020. Unemployment rate is forecast to tick up and no change to average hourly earnings. The print may support soft-landing narrative and expectations that Fed is close to end of its tightening cycle.

Companies Mentioned: Nordstrom (NYSE:JWN), FirstEnergy (NYSE:FE), Brookfield, Carlyle Group (NASDAQ:CG)

 

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