Europe Market Open: APAC stocks were mostly subdued after the uninspiring handover from the US; Meta shares dropped over 15% post-earnings
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