Europe Market Open: Rangebound start to a packed day of Central Bank action
6/20/2024
0:00
5:39
- APAC stocks were subdued in rangebound trade amid a lack of catalysts and following the US holiday lull.
- European equity futures indicate a firmer open with Euro Stoxx 50 future up 0.3% after the cash market closed higher by 0.7% on Wednesday.
- DXY is steady on a 105 handle with FX markets broadly contained, Cable holds above 1.27 ahead of the BoE announcement.
- Bunds are lower, whilst crude markets are contained after WTI hit resistance around USD 81/bbl.
- Looking ahead, highlights include US IJC & Philly Fed Index, SNB, Norges & BoE Policy Announcements, Comments from SNB's Jordan, Norges Bank Governor Bache, Fed’s Barkin & Kashkari, Supply from Spain, France & US
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
More episodes from "Newsquawk Rundown, Daily Podcast"
Don't miss an episode of “Newsquawk Rundown, Daily Podcast” and subscribe to it in the GetPodcast app.