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US Market Open: US equity futures modestly softer, MU -5.6% post-earnings, USD slips helping to lift Crude & XAU
6/27/2024
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4:30
- European bourses are mixed whilst US futures are modestly in the red; Micron -5.5% after its results
- Dollar is slightly softer, Antipodeans outperform & USD/JPY holds around 160.50
- Bonds are modestly softer in a continuation of the prior day’s losses
- Crude & XAU benefit from the softer Dollar, whilst base metals remain subdued
- Looking ahead, US IJC, Durable Goods, GDP & PCE Q1 (Final), Banxico Policy Announcements, Biden-Trump debate, Comments from ECB's Elderson, Supply from the US, Earnings from Nike & WBA
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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