Futures Power Hour - June 14, 2024 - Echoes of 2017

The tastylive network

European political concerns trigger market softness, echoing 2017's French election jitters. Despite strong earnings from Broadcom and Adobe, global macro risks are rising. Sovereign stress and weakening economic data, especially from China, signal potential downturns. Stocks, especially NASDAQ and S&P, remain stable but susceptible to political and economic shocks. Bond markets are experiencing haven bids amid geopolitical uncertainties. Precious metals hold key supports, while oil remains stagnant. High volatility in the Euro suggests closely monitoring future developments.