Futures on U.S. indices were almost unchanged. On the eve of trading on the U.S. stock market ended with the strongest drawdown of the S&P 500 index since April.
Activity in the market is declining as investors analyze information on consumer inflation. It decreased to 3.3%.
Growth of futures on the Dow 30 and Nasdaq 100 amounted to only 0.03%, which also indicates weak activity of market participants.
As CNBC channel specifies, investors do not rule out a reduction in the discount rate of the Federal Reserve. However, they doubt that the easing of monetary policy will be strong.
Most likely, the regulator will choose the course on a gradual reduction of the rate.
The optimistic mood of traders is reflected in the growth of the Russell 2000 index by 3.6%, which shows the performance of small-cap technology stocks.
Bitcoin (BTC) was trading at $57,222 at the time of publication of this review. Over the past day, trading volume decreased by 2.9% to $27.16 billion.
The result of weakening activity of crypto traders was also the correction of ether (ETH), which fell to $3070 on July 12. Market capitalization fell to $2.11 trillion on Friday
Analysts predict weak activity to persist until early next week, unless investments in the spot bitcoin-ETF market increase during trading in the United States.