US Market Open: EGBs dented as core EZ inflation fails to decline, all eyes on Powell
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European equities trade on a firmer footing following mixed leads from Wall St, with eyes set on Fed Chair PowellDXY under pressure after failing to surpass 107.00 overnight, Cable above 1.20 with antipodeans leadingYuan, base metals and COVID-sensitive areas supported following the latest China testing/restriction alterationsCore bonds dented as core EZ inflation fails to decline, USTs directionally in-fitting but little changed overall...
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Equities are entirely in the green; Apple -1.1% is lower pre-market after Berkshire Hathaway decreased its stake in Q1DXY is flat, EUR unreactive to PMIs & USD/JPY holds just under 154.00Bonds are modestly firmer, with initial upside in Bunds trimmed slightly by large upward revisions to EZ...
Published 05/06/24
European equities entirely in the green; US equity futures are mixed ahead of US NFPDollar is slightly softer, USD/JPY dips lower to around 153.00Bonds are mixed but remain rangebound ahead of today’s key eventsCrude trades within a tight range, XAU flat and base metals mostly firmerLooking...
Published 05/03/24