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Podcast : Financial Market Preview - Thursday 9-Mar

Published 2023-03-09, 08:14 a/m

US equity futures are indicating a lower open as of 05:00 ET. European equity markets are lower, following a mixed performance in Asia. The Fed continues to get all of the attention, as Powell's message tweak at the House Committee hearing did not meaningfully shift market expectations of a 50 bp rate hike in March. Bonds remain under pressure with the 2/10Y Treasury yield spread the most inverted since 1981. China CPI inflation shrank by more than expected, while PPI deflation deepened.

Companies Mentioned: Uber, Apple (NASDAQ:AAPL), Silvergate Capital

 

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