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LIVE MARKETS-Before the bell: Futures down after Powell's cautious tone

ReutersSep 24, 2025 6:50 AM
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BEFORE THE BELL: FUTURES DOWN AFTER POWELL'S CAUTIOUS TONE

European futures point to a start of the day in negative territory for bourses across the region, mirroring Asian markets, after Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates in remarks on Tuesday.

Eurostoxx 50 futures STXEc1 are down 0.18%, DAX futures FDXc1 are off 0.17%, FTSE futures FFIc1 are down 0.17%

Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming interest rate decisions.

In corporate news, Britain's JD Sports Fashion JD.L reported a 13.5% fall in first-half profit, and while sticking to its full-year guidance, it flagged ongoing caution over the trading backdrop.

British holiday group Saga SAGA.L reported a 5% fall in first-half adjusted pretax profit, but said forward travel bookings for the second half of the year were strong, while package holiday provider On The Beach Group OTB.L forecast full-year adjusted pre-tax profit below market expectations.

(Joice Alves)

EARLIER ON LIVE MARKETS:

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