Euro Market Open: Outperformance in China on further COVID control adj.; OPEC+ rolled over policy
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APAC stocks traded mostly positively, although the gains for the rest of the region were limited; China outperformedSeveral Chinese cities accelerated the loosening of COVID-19 restrictions over the weekend including Shanghai and ShenzhenOPEC+ ministers formally endorsed the output policy rollover and will hold the next JMMC meeting on February 1st, while it vowed to stand ready to adjust oil output to stabilise marketsRussian Deputy PM...
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European equities are entirely in the green, whilst Stateside futures are a little more tentativeDollar is incrementally firmer, G10s peers softer to various degrees, AUD & JPY underperformBonds pressured, taking a breather from this week’s advancesCrude slips with geopolitical updates light,...
Published 05/08/24
Published 05/08/24
European equities are entirely in the green; US futures are mixedDollar is slightly firmer, Aussie underperforms following the RBA, USD/JPY now around 154.50Bonds are firmer and extending on the prior day’s gains; Gilts outperform on their return from holidayCrude is flat awaiting geopolitical...
Published 05/07/24
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