Europe Market Open: APAC subdued following soft Chinese inflation
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APAC stocks began the week mostly subdued following the recent China fiscal stimulus disappointment and softer-than-expected Chinese inflation data.European equity futures are indicative of a positive cash open with the Euro Stoxx 50 future +0.4% after the cash market closed lower by 1.0% on Friday.German Chancellor Scholz said he wouldn't have a problem with a vote of confidence before Christmas.DXY is steady and just above the 105 mark,...
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APAC stocks were mostly subdued following the negative lead from the US alongside higher yields.European equity futures are indicative of a lower cash open with the Euro Stoxx 50 future -0.4% after the cash market closed lower by 2.3% on Tuesday.DXY remains above the 106 mark, USD/JPY has just...
Published 11/13/24
Equities are on the backfoot; the RTY underperforms, paring some of the Trump-induced strength in the prior session.Dollar continues to advance higher, GBP on the backfoot following mixed jobs data which saw an uptick in unemployment but wages remain sticky.Bonds are mixed, USTs are flat ahead of...
Published 11/12/24