Financial Market Preview - Monday 21-Aug
FactSet U.S. Daily Market Preview - A podcast by FactSet
Categories:
US futures are pointing to a slightly higher open as of 04:05 ET. European equity markets have opened in the positive territory, following mixed trades in Asia. While markets await Fed Chair Powell's Jackson Hole speech, some Fed officials have recently warned of a significant upside risk to inflation, which could require further tightening. Elsewhere, China made smaller-than-expected cuts to its 1Y and 5Y loan prime rates. Companies Mentioned: Goldman Sachs, Citigroup, Yellow, Old Dominion Freight Line