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Podcast : Financial Market Preview - Wednesday 23-Nov

Published 2022-11-23, 06:51 a/m

US futures are pointing to a slightly lower open as of 4:05 ET ahead of Fed minutes and flash PMIs. European equity markets have opened mixed to lower but are now edging higher, following higher levels in Asia. PMI results from the US and Europe are influencing the macro narrative in markets, with investors anticipating an economic contraction in Q4 and early next year. Other influence will come from the central bank side with FOMC minutes due to be released and likely to reflect a shift towards moderating the pace of rate hikes.

Companies Mentioned: Foxconn (Hon Hai), Manchester United

 

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