📈BEFORE THE BELL 🔔

[TradingPuzzles]

BEFORE THE BELL
🟢Wall Street futures were mixed as investors awaited the Personal Consumption Expenditures report, while assessing the potential impact of new U.S. tariffs on pharmaceuticals, trucks, furniture, and kitchen goods. Investor anxiety over a possible renewed trade war rippled through global markets.

🟢European shares faced initial pressure but ultimately rebounded, supported by gains in financial and industrial stocks.

🟢Japan’s Topix closed at a record high despite weakness in pharmaceutical shares

🟢 Chinese equities slipped but ended the week near multi-year highs, driven by sustained optimism around AI.

🟢The dollar held steady against major currencies, while gold also remained firm after stronger-than-expected U.S. GDP data dampened expectations of further rate cuts.

🟢Oil prices rose as Ukraine’s attacks on Russian energy infrastructure prompted Moscow to curb fuel exports.

🟢Additionally, market participants will closely monitor speeches from Federal Reserve officials, including Richmond Fed President Thomas Barkin and Vice Chair Michelle Bowman, for insights into the policy outlook.