US Market Open: US equity futures modestly firmer, JPY bid amid suspected intervention, Bonds benefit from Spanish/German CPIs
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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 metricsCrude is softer as Israel-Gaza truce talks continue; XAU flat and base metals mixedLooking ahead, German CPI, EZ...
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European equities hold a mild positive bias, whilst US futures lack firm direction and holds around the unchanged mark.Dollar is flat alongside G10 peers, Kiwi marginally underperforms, USTs are flat in quiet newsflow, whilst Bunds are slightly softer.A helicopter carrying Iranian President Raisi...
Published 05/20/24
Published 05/20/24
APAC stocks began the week on the front foot despite last Friday's indecisive performance on Wall St where the major indices traded sideways.European equity futures indicate a higher open with Euro Stoxx 50 futures up 0.3% after the cash market closed down 0.2% on Friday.A helicopter carrying...
Published 05/20/24
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