Wall Street Journal's Nick Timiraos in latest piece wrote that "Powell is likely to caution on Capitol Hill that strong economic activity this year could lead U.S. central bank officials to raise interest rates more than they expected to combat high inflation". Text to Powell's testimony should be published around 1:30 pm GMT.
US2000 and other US stock futures held steady on Tuesday as investors cautiously await Fed Chair Powell’s congressional testimony. Source: xStation5
Market Wrap: Tech stocks stabilize sentiment in Europe 📈 Adidas and Puma resilient despite Nike’s sell-off?
Chart of the Day: Sharp sell-off in China 📉 HK.cash posts its biggest decline since March (02.10.2026)
Morning wrap: Strong Wall Street, weak Europe and Asia 🚩 NFP to test equity strength
Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again