A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets Things are feeling calmer on Monday...
A look at the day ahead in U.S. and global markets by Alun John , EMEA breaking news correspondent , finance and markets
Monday's main potentially market-moving event is the U.S. Treasury's quarterly refunding announcement. Earnings are due from Microsoft on Tuesday, Meta on Wednesday and Apple and Amazon on Thursday, which will be interesting after Tesla, and to a lesser extent Alphabet, which disappointed last week. Markets are currently pricing around 70 basis points of Fed cuts this year. It would be at least a bit satisfying for some of the Fed's policymakers if the three 25 bp moves this implies come to pass, as that's what Fed rate setters said they expected to do back in December 2023.
Alun John U.S. Treasury News Correspondent Monday Morning
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