US Market Open: JPY lags, fixed lower after a soft UK tap, US supply & Kugler due
9/25/2024
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3:57
- Equity futures are generally modestly lower, giving back some of the prior day’s gains
- G10s are flat/lower against the Dollar to varying degrees, JPY underperforms with USD/JPY up to a 144.25 peak
- USTs are essentially flat, Gilts dip lower following a weak auction which also weighed on Bunds
- Crude is modestly lower, XAU is flat and base metals take a breather from the China stimulus-related gains on Tuesday
- Looking ahead, Highlights include US Building Permits, CNB Policy Announcement, Speakers including Fed's Kugler, Supply from the US, Earnings from Micron.
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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