US Market Open: US equity futures tentative, Dollar flat & Antipodeans lag after mixed Chinese data
6/17/2024
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- European bourses are mostly firmer paring some of Friday’s pronounced downside, US futures are trading tentatively
- Dollar is flat, Antipodeans lag after weaker than expected Chinese industrial data
- Bonds are subdued paring recent EU political-induced upside on Friday, as participants digest ECB sources which suggest that the Bank is in no rush to discuss a French bond rescue
- Crude is flat in what has been a choppy session thus far, XAU/base metals are hampered by mixed Chinese data
- Looking ahead, US NY Fed Manufacturing, Comments from ECB’s de Guindos & Cipollone, Fed’s Williams, Harker & Cook, Earnings from Lennar
Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
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