US Market Open: Negative risk sentiment with equities softer, AUD also hampered by mixed Chinese data, geopols remains in focus for crude; Fed speak due
16.04.2024
0:00
3:30
- Equities are entirely in the red, continuing the negative price action seen in the prior session
- DXY holds around 106.30, Antipodeans suffer from the broader risk tone and mixed Chinese data
- Bonds are pressured, and Bunds more-so after German ZEW while Gilts gapped lower on wage numbers
- Crude is off best levels as focus remains on geopols, XAU lower
- Looking ahead, Canadian CPI, New Zealand CPI, Comments from Fed’s Daly, Jefferson, Williams, Barkin, Powell, BoE’s Bailey & BoC's Macklem, IMF World Economic Outlook, Fed Discount Rate Minutes. Earnings from LVMH, United Health, UAL, Bank of America & Morgan Stanley.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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