US Market Open: Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE
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Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal pricesBonds are modestly firmer, though very much contained ahead of US PCECrude within recent ranges, XAU trudges higher and base metals entirely in the green; 3M LME topped USD...
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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
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
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