The futures market is moving upward but still reflects a cautious tone. Investors are trying to balance encouraging signals, including recent central bank commentary, with lingering uncertainties. Delayed data releases, labour market concerns, and upcoming big-tech earnings continue to influence sentiment. Expectations for a potential rate cut have weakened, creating additional pressure across the market. While the rise in futures is positive, the broader environment suggests that vigilance is still essential. The next major shift is likely to come from the upcoming economic data and earnings announcements.
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