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
Daily summary: Alphabet shares support sentiments on Wall Street 🗽Oil, precious metals and crypto slide
US Open: Nasdaq continue to climb📈Intel and Eli Lilly stocks surge
Chart of the day: CHN.cash (07.01.2026) China's rally hits the wall 📉 🇨🇳
Morning wrap (07.01.2026)