US Market Open: Equities flat ahead of US CPI, Dollar lower & Antipodeans lifted on reports of Chinese support measures
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European bourses are mostly firmer, US futures flat ahead of US CPI & Retail SalesDollar is weaker, Antipodeans lifted on reports of Chinese support measures, USD/JPY dipsBonds are firmer, continuing the post-PPI strengthCrude is in the green, XAU is supported given the softer Dollar & base metals are in the greenLooking ahead, US CPI & Retail Sales. Comments from Fed’s Kashkari. Earnings from Cisco...
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European bourses are entirely in the red, though have recently has clambered off lows; US equities are modestly firmer.Dollar is slightly softer, GBP shrugs off initial Retail Sales weakness, overall trade contained.Bonds are very modestly firmer, attempting to claw back some of the US...
Published 05/24/24
Published 05/24/24
The selling in US stocks yesterday accelerated once European desks packed for the day, with little fresh fundamentals driving the move after the US Flash PMIs.APAC stocks followed suit to the selling on Wall St where the initial NVIDIA-related euphoria was soured after strong US PMI data lifted...
Published 05/24/24
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