Europe Market Open: APAC stocks were mostly higher as the region digested recent market themes and the BoJ's dovish policy announcement.
26.04.2024
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4:04
- APAC stocks were mostly higher as the region digested recent market themes and the BoJ policy announcement.
- The BoJ kept policy settings unchanged and refrained from any major hawkish surprises.
- Tech earnings from Alphabet (+11.5%) and Microsoft (+4.3%) topped forecasts and boosted futures after-hours.
- DXY lacked firm direction overnight, JPY softer post-BoJ with USD/JPY on a 156 handle, EUR/USD is back above 1.07.
- Looking ahead, include US PCE, Personal Income, ECB Consumer Expectations Survey, BoJ Governor Ueda, ECB’s de Guindos & SNB’s Jordan, Earnings from Porsche, NatWest, Safran, Colgate, Exxon, Chevron & Phillips 66.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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