Europe Market Open: Mass holiday closures limiting action, FOMC ahead
1.05.2024
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3:38
- NOTE: All major European markets (ex-UK) are closed for Labour Day.
- APAC stocks took their cues from the losses on Wall St and with trade mired by mass holiday closures.
- DXY is rangebound on a 106 handle, EUR/USD sits just above 1.0650, USD/JPY edged closer to 158.00.
- Amazon beat on top and bottom lines; Co. shares were up 1.2% after-hours.
- Looking ahead, highlights include UK, US Manufacturing PMI, US ADP, JOLTS, FOMC Announcement, Treasury QRA, Fed Chair Powell, BoC’s Macklem & Rogers, Supply from UK & US.
- Earnings: Next, GSK, Smith & Nephew, CVS, Qualcomm, MetLife, Pfizer, ADP, Marriott, Estee Lauder, Mastercard & eBay.
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