US Market Open: Sentiment sapped by ongoing COVID concern, USD pressured into month-end
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Cash bourses in Europe hold the downside bias seen across APAC stocks overnight which emanated from China reporting a record increase in COVID casesStateside, futures are under similar pressure with the ES below 4000USD is under pressure as the risk tone favours JPY & others, alongside month-end models pointing to USD sellingInitial haven bid in EGBs has faded ahead of Central Bank speak incl. President...
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European bourses are mostly firmer; NQ outperforms, propped up by gains in Tech names – TSLA +10.5% pre-market, TXN +7.3%Dollar is firmer, AUD benefits from the risk tone and on hotter Aussie CPI, USD/JPY printed a high of 154.96USTs are pressured, giving back some of the PMI-induced gains; Bunds...
Published 04/24/24
Published 04/24/24
APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes.Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.DXY...
Published 04/24/24
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