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Europe Market Open: APAC stocks mostly firmer, DXY & Crude contained; UK CPI due
19.06.2024
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- US stocks inched higher in rangebound trade, APAC stocks mainly positive with Hang Seng outperformance
- European futures point to a contained open, after the cash market closed higher by circa. 0.7%
- DXY contained after the deluge of Fed remarks, peers rangebound
- Crude and spot gold largely sideways while base metals benefited from the constructive US tone
- Israel's military said operational plans for an offensive in Lebanon were approved and validated
- Holiday: US Juneteenth; The desk will shut at 18:00BST/13:00EDT and re-open the same day for the beginning of Asia-Pac coverage at 22:00BST/17:00EDT.
- Highlights include UK CPI, PPI, South Africa CPI, NZ GDP, BoC Minutes, Supply from Germany.
- Click for the Newsquawk Week Ahead.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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