US Market Open: Equities softer, DXY firmer benefiting from a weaker Yen, Bonds bullish post-UK CPI; FOMC due
20 Mar 2024, 10:31 by Newsquawk Desk
- European equities are mostly lower, with the CAC 40 dragged down by Luxury names after Kering issued a profit warning; US equity futures modestly softer
- DXY firmer, taking impetus from the weaker Yen; USD/JPY above 151.70
- Bonds hold a bullish bias following softer UK CPI, as attention turns to the FOMC
- Crude and base metals are softer owing to the firmer Dollar and tentative risk tone
- Looking ahead, Australian PMIs,...