Financial Market Preview - Tuesday 1-Oct

US equity futures are indicating a slightly weaker open today. European equity markets are trading mostly higher, and Asian markets finished mixed. Market attention today is on Eurozone inflation data, a key input ahead of the next ECB meeting later this month. Recent national inflation readings have surprised on the downside, and with weak PMI data, bets on an October ECB rate cut have risen to around 80%. Meanwhile, in the US, Fed Chair Jerome Powell said the FOMC is not in a rush to cut rates but emphasized that future decisions will be guided by incoming data. Overseas, the BOJ's September Summary reaffirmed its gradual path to policy normalization, though some members cited uncertainties supporting no immediate changes.

Companies Mentioned: Amazon, Google, Meta, PepsiCo

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StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.