US Market Open: Generally constructive tone though catalysts and volumes are light
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Description
Equities in Europe trade with no firm direction in what has been a quiet morning session thus far in holiday-thinned volumesDXY managed to derive some support after losing 104.50 in early trade, with peers generally contained though JPY & CHF 'outperform'EGBs and USTs continue to diverge, but overall action has been limited given a lack of drivers and thin volumes.WTI Jan and Brent Feb remain firmer intraday but in the grander scheme...
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European bourses extend to session highs, whilst US futures post modest gainsDollar is flat & GBP marginally outperforms post-GDPUSTs are flat, EGBs bid though to a lesser degree than Gilts, which have shrugged off hawkish GDP dataCrude is firmer with specifics light, XAU extends to highs and...
Published 05/10/24
European equities are mixed, Stateside futures lower with slight underperformance in the RTYDollar is firmer, G10s in the red and USD/JPY now just shy of 156.00Bonds pressured in a continuation of recent action; Gilts underperform slightly ahead of the BoECrude is firmer, XAU flat and base metals...
Published 05/09/24