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US Market Open: DXY slips as GBP & EUR lift, NFP looms
5/7/2024
0:00
4:57
- European bourses have been tilting higher with the region benefitting from the removal of some political risk in the UK, Germany & France
- Stateside, futures pivoting the unchanged mark into Payrolls
- FX has seen a slightly softer start for the USD, weighed on by EUR & GBP; USD/JPY slips to near 160.50
- Fixed benchmarks generally firmer but only modestly so, EGBs unreactive to data and German fiscal updates
- Crude benchmarks near the unchanged mark, metals generally firmer
- Looking ahead, highlights include US & Canadian Jobs Reports. Comments from ECB's Lagarde & Elderson.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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