US Market Open: Stateside equity futures tentative ahead of US bank earnings, DXY bid and Bunds outperform; Fed speak due
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European bourses are entirely in the green, Stateside futures are contained on either side of the unchanged markDollar is bid which has weighed on G10 peers, with EUR down to 1.0657Fixed complex higher with Bunds outperforming as markets digest Thursday’s ECB announcement and Fed divergenceCrude is bid given the heightened geopolitical environment, XAU makes record highsLooking ahead, Uni. of Michigan (Prelim.),...
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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