Episode Details

US equity futures are slightly firmer, while Asian markets are mostly higher and European equities are weaker. Stabilizing bond yields continue to support sentiment after Fed Governor Waller signaled support for keeping rates on hold in September, pushing expectations for a September rate hike back toward 50%. Attention is also on the US jobs report later today as the next key catalyst for the rate outlook. In Europe, energy dynamics remain a focus, with expectations that fragile underlying demand could limit the ECB’s willingness to tighten aggressively, while BoE policymaker Pill reiterated his call for a rate hike.

Companies Mentioned: Anthropic, Exxonmobil Holdings, Flex