Financial Market Preview - Friday 11-Sep

US equity futures are modestly firmer, while Asian markets are broadly lower and European equities are higher. Attention remains on the sharp rise in global bond yields, with higher energy prices adding to inflation concerns and reinforcing expectations for further central bank tightening. Markets are now pricing a high probability of another ECB rate hike in October, while expectations for a BoE hike have also increased. Geopolitical risks remain elevated amid signs the US-Iran conflict could broaden. Meanwhile, US inflation data later today will be a key focus for the Fed rate outlook.

Companies Mentioned: Microsoft, ACV Auctions, Copart, Intel