Europe Market Open: APAC stocks gained as the region took impetus from the rally on Wall St; European equity futures indicate a higher open
24.04.2024
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- APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes.
- Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.
- DXY holds below the 106 mark following yesterday's sell-off, EUR/USD is lingering around the 1.07 level, AUD boosted post-CPI.
- European equity futures indicate a higher open with the Euro Stoxx 50 future +0.4% after the cash market closed up 1.4% on Tuesday.
- Looking ahead, highlights include German Ifo, US Durable Goods, Canadian Retail Sales, BoC’s Minutes, Comments from ECB’s Cipollone & Schnabel, Supply from Germany & US
- Earnings from Vinci, Carrefour, Orange, Air Liquide, Iberdrola, Roche, Volvo Car, Boeing, Boston Scientific, Meta, Chipotle, AT&T, Thermo Fisher Scientific, IBM, Norfolk Southern & Ford.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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