US Market Open: USD and fixed bolstered by PMIs, US data & Fed speak ahead
23.9.2024
0:00
3:06
- European equities are mixed/modestly firmer, a theme which is also seen across US futures
- Dollar is firmer, benefiting from losses in the EUR after particularly poor French/German PMI metrics, AUD bid ahead of the RBA on Tuesday
- USTs remain steady ahead of its own PMI release, Bunds were lifted after poor EZ PMIs & Gilts gained after UK PMIs missed across the board, but still point towards a “soft landing” for the UK economy
- Crude is incrementally firmer, XAU and base metals are lower across the board
- Looking ahead, US PMIs (Flash), Comments from ECB’s Cipollone, Fed’s Bostic, Kashkari & Goolsbee
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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