
US equity futures are mixed, NVIDIA -1.5% pre market; banks scale back bets of a December Fed cut - Newsquawk Market Open

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US equity futures are mixed with NVIDIA down 1.5% pre-market. JPMorgan and Standard Chartered no longer expect a December Fed rate cut. European markets are down, with AEX underperforming. The USD is firmer, and bonds benefit from risk sentiment. US President Trump modifies tariffs on Brazilian imports, removing duties on beef, coffee, and orange juice. EU-Australia trade talks show progress. The market is focused on upcoming US economic data and central bank comments.

