Business Maverick: US futures dip, stocks mixed on Fed, China caution: markets wrap

📆 01/08/2022 09:25 ص
📰 dailymaverick

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US equity futures fell and Asian stocks were mixed on Monday, hampered by the challenges swirling around China and a reminder from Federal Reserve officials that their key objective is to fight high inflation.

Elsewhere, investors are monitoring US House Speaker Nancy Pelosi’s

. A statement from her office skipped any mention of a possible stopover in Taiwan. A visit may stoke US-China tension over the island.PMIs from the US and euro area, among others, Monday.Reserve Bank of Australia rate decision, Tuesday.Chicago Fed president Charles Evans, St Louis Fed president James Bullard due to speak at separate events, Tuesday.BOE rate decision, Thursday.Cleveland Fed president Loretta Mester due to speak, Thursday.S&P 500 futures fell 0.3% as of 10:59 a.m. in Tokyo.

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