US Market Open: US equity futures modestly firmer, Dollar attempts to recoup recent losses & AUD lags post jobs data; US IJC due
16.5.2024
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- European equities are mostly lower whilst US futures gain modestly
- Dollar is firmer paring back some of the CPI-induced losses, AUD lags after mixed employment data
- Bonds are steady, though with a very mild negative bias
- Crude benchmarks are flat, XAU is rangebound and base metals are mixed
- Looking ahead, US IJC, Philly Fed, BoE’s Greene, Fed’s Harker, Mester, Bostic & Barr. Earnings: Applied Materials, Deere & Walmart
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