US Market Open: Contained trade with catalysts & the schedule light
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Description
European bourses and US futures reside in narrow ranges are essentially pivoting the unchanged markDXY has managed to regroup amid an initial retreat in USTs; though, the index remains around the mid-point of a 105.04-105.42 rangeEGBs & their UK counterpart have, despite initial pressure, staged a firm rally to a test/eclipse of Wednesday's peaks; USTs remain lowerCrude benchmarks are consolidating after yesterday's mid-week pressure,...
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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
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