US Market Open: Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE
26 Apr 2024, 11:20 by Newsquawk Desk
- Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)
- Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal prices
- Bonds are modestly firmer, though very much contained ahead of US PCE
- Crude within recent ranges, XAU trudges higher and base metals entirely in the green; 3M LME topped USD...