US Market Open: Equities & Bonds bid, focus turns to advancements in Rafah which has lifted crude; Fed speak due
6.05.2024
0:00
2:57
- Equities are entirely in the green; Apple -1.1% is lower pre-market after Berkshire Hathaway decreased its stake in Q1
- DXY is flat, EUR unreactive to PMIs & USD/JPY holds just under 154.00
- Bonds are modestly firmer, with initial upside in Bunds trimmed slightly by large upward revisions to EZ PMIs
- Crude is firmer with Rafah in focus, XAU is bid and base metals benefit from the risk tone
- Looking ahead, US Employment Trends, Comments from SNB’s Jordan, ECB’s Lagarde, Fed’s Williams & Barkin. UK markets closed for Bank Holiday Monday.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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