others
US futures keep lower at the tail end of Asia trading
Table of Contents
Key Takeaways (30s Read)
US futures declined at the end of Asian trading, reflecting a cautious market mood.
End of Asian Trading and US Futures Trend
Today, US futures and Asian stock markets are declining amidst a more cautious mood. The Nikkei dropped 1.3% influenced by sluggish performance from tech stocks in the US. While Nvidia increased by 0.7%, the general trend for AI stocks remains shaky. S&P 500 futures are down 0.5%, following yesterday’s decline of 0.2%. Although last week showed some stability, hesitancy prevails as markets near fresh record highs, particularly with concerns surrounding the AI bubble.What's Next
Eyes will be on US economic data today. The release of both the non-farm payrolls and retail sales data will keep market participants engaged as they seek trading opportunities based on the latest snapshots of the US economy, which is faced with considerable uncertainty. This data is likely to impact the market significantly, drawing investor interest.AI Analyst
AI Opinion
"This article reflects the market's current needs as attention turns to US economic data. The non-farm payrolls and retail sales figures are crucial for the future outlook of the economy. The market continues to be influenced by the recent instability in technology stocks, alongside concerns surrounding the AI bubble. In such circumstances, investors are required to maintain a cautious stance while focusing on key data releases. Should the forthcoming economic indicators prove worse than expected, the risk of further declines could escalate significantly, thus requiring careful vigilance."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.
USDJPY
EURUSD