US futures are indicating a flat open. European equity markets are trading lower, following a mixed session in Asia where equities finished with minor gains and losses. Market attention is focused on central bank decisions this week, with the Fed, BoE, BoJ, and PBoC all on the agenda. A majority of economists anticipate a 25 basis points Fed rate cut, though markets are positioning for a potential 50 basis points cut at Wednesday’s FOMC meeting. Yen strength is the main story in FX markets. Another round of soft Chinese economic data has increased concerns over the country’s ability to meet its 2024 growth target.
Companies Mentioned: Blackstone (NYSE:BX), Walt Disney (NYSE:DIS), Amazon (NASDAQ:AMZN), Samsung (KS:005930), Xiaomi