Europe Market Open: APAC stocks were mostly subdued after the uninspiring handover from the US; Meta shares dropped over 15% post-earnings
25.04.2024
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3:19
- APAC stocks were mostly subdued after the uninspiring handover from the US; Australia and New Zealand markets were closed for ANZAC Day.
- US equity futures were pressured with underperformance in Nasdaq 100 after Meta shares dropped over 15% post-earnings.
- European equity futures indicate a slightly softer open with the Euro Stoxx 50 future -0.1% after the cash market closed down 0.4% on Wednesday.
- DXY is steady below the 106 mark, USD/JPY has gained a firmer footing on the 155 handle, EUR/USD rests above 1.0700.
- Looking ahead, highlights include German GfK, French Business Climate, US GDP Advance, PCE Advance, Initial Jobless Claims, Comments from ECB’s Schnabel, Supply from the US.
- Earnings from Barclays, Unilever, AstraZeneca, Vinci, STMicroelectronics, Airbus, BNP Paribas, Schneider Electric, Hermes, Pernod Ricard, Equinor, BE Semiconductor, Merck, Microsoft, Gilead Sciences, Caterpillar, S&P Global, Intel, T-Mobile US & Alphabet.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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