Outlook 05/06: Stock futures fall Tuesday as investors awaited the Federal Reserve’s policy decision and watched for signs of progress in global trade deals. The Fed is widely expected to keep rates steady on Wednesday, with Fed Funds futures trading suggests just a 2.7% chance of the central bank cutting rates. Still, traders will be listening for Fed Chair Jerome Powell’s comments on his economic outlook. Tariff uncertainty continues to weigh on the markets. Trump is scheduled for meetings with Canadian Prime Minister Mark Carney on Tuesday, marking the start of negotiations between the two leaders since since Carney assumed. Treasury Secretary Scott Bessent said that “we’re very close to some deals”. Nonetheless, no official trade deals between the U.S. and its trading partners have yet been announced.
ESM25 (JUN2025): YVAH 5698 YPOC 5691 YVAL 5669 GAP 5669
/ES Plan: Yesterday market closed balanced, but overnight looks bearish (PBT 5584), moving below previous value/range, so these're the opening and initial balance options for current session:
