US Market Open: Upward revisions to European PMIs support bourses & EUR modestly
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European bourses a touch firmer post-PMIs after a flat open, US futures tilting higher in tandem into IJC and Fed appearancesDXY softer and approaching 104.00, EUR inches higher post-PMIs, JPY stead, CHF lagsEGBs bid despite PMI pressure though off highs in somewhat limited newsflow, USTs flatBase metals continue to climb with 3M LME Copper at a 52-week high, crude contained and XAU slightly softerLooking ahead,...
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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