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US Market Open: Equities on a firmer footing, DXY gains & USD/JPY back to 156; US ISM Services due
5.06.2024
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4:20
- European bourses extend gains with Tech leading; US futures are modestly firmer
- Dollar is incrementally higher, JPY gives back recent strength with USD/JPY now above 156.00
- Bonds are incrementally softer and unreactive to EZ Final PMIs
- Crude is modestly firmer in what has been a choppy session, XAU gains modestly and base metals are mixed
- Looking ahead, Canadian & US Services & Composite PMIs, US ADP National Employment, US ISM Services, NBP and BoC Policy Announcement, BoC's Macklem & Rogers
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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