US Market Open: Negative risk sentiment with equities softer, AUD also hampered by mixed Chinese data, geopols remains in focus for crude; Fed speak due
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Equities are entirely in the red, continuing the negative price action seen in the prior sessionDXY holds around 106.30, Antipodeans suffer from the broader risk tone and mixed Chinese dataBonds are pressured, and Bunds more-so after German ZEW while Gilts gapped lower on wage numbersCrude is off best levels as focus remains on geopols, XAU lowerLooking ahead, Canadian CPI, New Zealand CPI, Comments from Fed’s...
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European bourses are mixed, though have tilted lower as the session progressed; US equity futures modestly softerDXY is flat, EUR benefits from strong EZ GDP metrics, USD/JPY firmer and just shy of 157.00Bonds are lower, dragged down by French/German and finally EZ figuresCrude is incrementally...
Published 04/30/24
Published 04/30/24
European bourses were initially firmer, though have since dipped lower; US futures remain modestly in the greenDollar is softer amid hefty USD/JPY selling; the pair rose to 160.00 before sharp downticks with intervention suspectedBonds are firmer benefiting from dovish Spanish/German inflation...
Published 04/29/24
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