Volatility Playbook: Equity Futures Rebound as Housing Data Loom – August 18 Trading Blueprint Market Overview & Sentiment News Equity futures steady amid housing data and Fed chatter: U.S. futures are hovering near record levels but off overnight lows as traders await the 10:00 ET NAHB Housing Market Index and comments from Fed Governor Michelle Bowman later today. Market expectations for a September rate cut remain around 95%, but investors are cautious ahead of next week’s Jackson Hole symposium and retail earnings reports. Global markets mixed: European indices are steady near multiweek highs, buoyed by signs of resilient corporate earnings and softening inflation. Asian markets were mixed, with China’s Shanghai Composite flat and Japan’s Nikkei edging lower as traders digested lackluster trade data and the prospect of more stimulus measures. Credit markets calm with pockets of concern: U.S. corporate credit spreads remain tight, reflecting diminishin...