Thursday, January 30, 2025

#investment #finance - Tech Stocks Lead Futures Higher Amid Mixed Earnings, ECB Set for Cut | Bloomberg Brief 01/30/2025

30 January 2024

Stock futures rise as investors await earnings results from Apple and Intel following a mixed report from Meta and Microsoft.

The ECB is widely expected to announce a rate cut after the Fed held rates steady. Ludovic Subran of Allianz sees the Fed's terminal rate settling at 4%, leading to a transatlantic rate spread of 200 basis points.

UBS's Leslie Falconio says the Fed isn't a side show despite President Trump's criticisms.

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