📆 Monday, November 11
► European stock futures edged higher, with Euro Stoxx 600 futures up over 1% as markets looked to continue last week's rally. Investors are encouraged by Wall Street’s strength, despite lingering concerns around China’s disappointing debt relief measures and economic outlook, particularly its 10 trillion CNY ($1.4 trillion) debt relief package aimed at easing local government debt but lacking direct stimulus. European investors are encouraged by US economic resilience and steady better than expected economic data, preparing for a week with key indicators like Germany’s CPI and Eurozone GDP.
► US markets extended their post-election rally, with S&P 500 (+ 0.25%) and Nasdaq (+ 0.3%) futures showing modest gains amid optimism surrounding Donald Trump’s re-election and a more favorable Fed policy stance. The upcoming week is expected to bring focus on consumer and producer inflation data, retail sales, and a series of Federal Reserve speeches, most notably from Fed Chair Jerome Powell, which may provide insights on the central bank’s outlook amid strong strong economic and labor data. Key sectors, particularly tech and small caps, continue to benefit from the expectation of low taxes and pro-business policies under Trump.
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