Europe Market Open: Powell hints at return to smaller rate cuts, Eurozone CPI data ahead
1/10/2024
0:00
3:18
- APAC stocks began the new quarter mixed amid a slew of data releases and several key market closures with Mainland China, Hong Kong and South Korea closed
- Fed Chair Powell hinted at a return to 25bp rate cuts and noted that the Fed is not in a rush to cut rates quickly.
- Israeli military said it began limited, localised and targeted raids against Hezbollah targets in the border area of southern Lebanon.
- European equity futures are indicative of a positive cash open with the Euro Stoxx 50 future +0.2% after the cash market closed lower by 1.3% on Monday.
- DXY is steady and holding onto yesterday's gains, JPY remains pressured vs. peers, EUR/USD sits on a 1.11 handle.
- Looking ahead, highlights include final EZ, US, Canadian Manufacturing PMIs, EZ HICP, US ISM Manufacturing PMI, JOLTS Job Openings, Riksbank Minutes, ECB’s de Guindos, Rehn & Schnabel, BoE’s Pill, Fed’s Bostic, Cook & Barkin, Supply from UK & Germany, Earnings from Paychex and Nike
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Otros episodios de "Newsquawk Rundown, Daily Podcast"
No te pierdas ningún episodio de “Newsquawk Rundown, Daily Podcast”. Síguelo en la aplicación gratuita de GetPodcast.