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US Market Open: European assets hit by EU election results, USD continues post-NFP gains
6/10/2024
0:00
5:23
- European bourses are entirely in the red, with sentiment hit amid political uncertainty in Europe whereby the centre-right strengthened its majority although the far-right made gains; US equity futures are marginally softer, with the RTY underperforming
- Dollar is firmer in a continuation of post-NFP strength, EUR is hampered by political uncertainty
- USTs are flat and resilient to the downbeat mood in European peers; OATs underperform after French President Macron calls for a snap election
- Crude is softer after spending much of the European morning in the green, XAU is flat and base metals gain
- Looking ahead, US Employment Trends, Chinese Money Supply, Supply from the US
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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