​Futures Jump Ahead Of Powell’s J-Hole Speech As Dovish Expectations Fly – Tyler Durden

Futures Jump Ahead Of Powell’s J-Hole Speech As Dovish Expectations Fly Futures are solidly in the green on the last day of the week ahead of Powell’s Jackson Hole speech, with Tech leading. As of 7:45am S&P futures were up 0.5% while Nasdaq futures gained 0.8% with top MegaCap tech stocks TSLA (+1.5%), NVDA (+1.2%), and AMZN (+69bp). Bond yields are roughly unchanged: the 10Y yield is down 1bp to 3.84% as the USD resumes its slide ahead of what many expect to be another dovish speech by Powell cementing a 25bps Sept rate cut. Commodities are mixed with Oil…  — Continue at ZeroHedge News : Read More