Hey team. U.S. stock futures inched higher during early trading as investors anticipated the release of the Federal Reserve’s preferred inflation gauge, seeking insights into the potential trajectory of interest rates.
Let’s re-cap yesterday’s session and see what’s ahead for the markets!
Impact Snapshot
🟥 PCE Inflation - 8:30am
Macro Viewpoint
Investor sentiment took a hit following U.S. President Donald Trump’s latest comments on trade tariffs, weighing on risk assets.
U.S. equity futures edged higher on Friday, stabilising after a volatile week marked by steep declines, as market participants turned their attention to a key inflation report that could shape expectations for the Federal Reserve’s policy outlook.
With the Federal Reserve maintaining a hawkish stance, Friday’s report will be closely monitored for signals on the trajectory of monetary policy.
Investors are particularly focused on whether inflationary pressures, potentially exacerbated by the Trump administration’s trade policies, could influence the central bank’s future rate decisions.