📈BEFORE THE BELL 🔔

[TradingPuzzles]

BEFORE THE BELL

🟢Wall Street futures slipped as investor fatigue set in a day after the S&P 500 and Nasdaq hit record closing highs, with focus now shifting to a slate of Federal Reserve speakers for policy signals. The decline may prove temporary, as optimism around artificial intelligence and expectations of looser monetary policy persist. Fed Vice Chair for Supervision Michelle Bowman, Atlanta Fed President Raphael Bostic, Fed Governor Stephen Miran, and Minneapolis Fed President Neel Kashkari are scheduled to speak later in the day.

🟢Political developments drove currency markets again, with the JPY falling after Sanae Takaichi’s leadership victory in Japan,

🟢The Euro remained fragile following the resignation of France's prime minister.

🟢The dollar has benefitted from the weaker euro and yen, climbing despite the ongoing U.S. government shutdown.

🟢European shares, meanwhile, inched lower as losses in healthcare stocks weighed and French equities remained under pressure following political turmoil, though gains in energy and luxury giants helped limit losses.

🟢 In Asia, the Nikkei closed at a record high for a third consecutive session as chip-related stocks tracked upbeat U.S. peers, though initial momentum eased as traders booked profits from the recent rally.

🟢In commodities, gold prices touched another record high, driven by strong investment demand and economic uncertainty.

🟢Oil prices were slightly lower as investors assessed a smaller-than-expected November output hike by OPEC+ against the backdrop of oversupply expectations.

[jacson4]

The Euro remained fragile following the resignation of France's prime minister.