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Podcast : Financial Market Preview - Thursday 9-May

Published 2024-05-09, 08:01 a/m

US equity futures are pointing to a lower open as of 04:45 ET. This follows mixed markets in Asia, with European equity markets also mixed. A focus in Europe today on the Bank of England policy decision. A steady hand is expected, though there is the possibility of more MPC members backing a rate cut after only one official voted against the majority in March. A lack of other major catalysts with the market in wait-and-see mode ahead of the next meaningful signals on US inflation, Fed policy and the economic growth outlook.

Companies mentioned: Paramount, Apollo, Sony, Yamaha, BeiGene

 

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