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Equity Futures

All articles tagged with #equity futures

Global Markets React as China Slashes Mortgage Rates to Revive Property Market
finance2 years ago

Global Markets React as China Slashes Mortgage Rates to Revive Property Market

US and European equity futures, along with Asian stocks, fell after China's mortgage rate reduction failed to ease concerns about the economy. Attention was focused on China, where stocks fluctuated after domestic banks cut a key mortgage reference rate by a record amount. Earnings from Nvidia Corp. and Eurozone inflation data are potential market catalysts this week. Gold and oil prices remained relatively stable, while the US dollar and cryptocurrencies showed minimal changes.

finance3 years ago

Inflation Resurgence Rattles European Markets

US equity futures rose as data revealed that the US economy expanded at a slower rate than previously estimated in Q2, leading to speculation that the Federal Reserve is nearing the end of its rate-hike cycle. The S&P 500 and Nasdaq 100 futures turned higher after the release of the second-print gross domestic product data. Additionally, a report showed that US companies added the fewest jobs since March, consistent with recent data indicating a moderation in labor demand. European bonds and stocks fell as inflation data suggested that inflation may not yet be fully on the retreat in the eurozone.

finance3 years ago

Oil Prices Drive Market Volatility: Global Wrap

US equity futures fell and Treasury yields rose as OPEC+ surprised markets with a production cut of over 1 million barrels a day, sending oil prices up by about 6%. The dollar strengthened against most Group-of-10 currencies, while the Norwegian krone gained as the Scandinavian country stands to benefit from higher energy prices. The policy-sensitive two-year Treasury yield jumped around five basis points to 4.08%. The OPEC+ cut, combined with increased energy demand from China, will raise the danger of more persistent inflation, said Lazard’s Ronald Temple.