Market move● Neutral for Indian equities
US stock futures edge lower as Treasury yields, oil prices keep investors cautious
The brief
- US stock futures were mixed as Treasury yields and oil prices kept investors cautious
- Investors were awaiting economic data, Fed minutes and global market cues
- Stocks upbeat, dollar wobbles as Fed hike bets recede
- Gold firms as easing Fed hike bets offset dollar strength
- Asian shares rise as softer US jobs data cools Fed rate-hike bets
- Let exchange rate act as shock absorber: IMF on Fed hike impact on India
- Fed and ECB minutes to detail inflation concerns as rate-hike bets fade