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Europe Market Open: Tentative trade across the markets ahead of today's US Employment report; ECB's Schnabel due
7.06.2024
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6:08
- APAC stocks traded mixed in cautious and tentative trade and macro newsflow on the quieter side ahead of the US jobs report
- European equity futures are indicative of a flat open with the Euro Stoxx 50 future unchanged after cash closed +0.7% on Thursday
- DXY traded flat in a narrow range, EUR & GBP contained; USD/JPY inched higher
- Fixed income rangebound but with a softer bias, little reaction to the latest BoJ Rinban announcement
- Commodities rangebound but with a firmer bias, relatively unreactive to Chinese trade and geopols
- Highlights include German Industrial Output, UK Halifax House Prices, EZ GDP (R), US NFP, Canadian Employment, US Wholesale Sales, ECB’s Schnabel; Lagarde; Fed's Cook.
- Click here for the Newsquawk Week Ahead.
- Click here for the Newsquawk NFP Preview.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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