US equity futures are indicating a lower open as of 05:00 ET. This follows mostly higher markets in Asia, while European equity markets are lower. US CPI is due today, with the data forecast to show a step down in annualized headline and core inflation to the lowest since Mar-2021. Cautious Fed pivot messaging has led markets to dial back 2024 rate cut expectations, with 4-5 now being priced in.
Companies Mentioned: JetBlue Airways, Manchester United (NYSE:MANU), SoftBank, Tokyo Electron, Siltronic