Europe Market Open: APAC stocks traded with a mild positive bias after the tech-led rebound stateside; Flash PMIs ahead
23.04.2024
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- APAC stocks traded with a mild positive bias after the tech-led rebound stateside.
- European equity futures indicate a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed up 0.4% on Friday.
- DXY is holding above the 106 mark, EUR/USD lingers around 1.0650 and USD/JPY sits near its multi-year high.
- Crude futures edged modest gains in quiet trade, Bund futures took a breather after recently rebounding to above the 131.00 level.
- Looking ahead, highlights include French, EZ, UK, US PMIs, US Richmond Fed Index, Comments from BoE’s Pill & ECB’s Nagel, Supply from Germany, Italy & US
- Earnings from ASM, Kering, Associated British Foods, Novartis, Spotify, General Motors, Philip Morris, PepsiCo, RTX, Fiserv, UPS, Visa, Lockheed Martin & Tesla.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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