US Market Open: Stocks trade flat, DXY gains above 104.00, AUD outperforms after the RBA surprised markets, bond yields trundle lower
06 Jun 2023, 11:21 by Newsquawk Desk
- European equities trade with little in the way of firm direction, with US equity futures also hovering around the unchanged mark.
- RBA delivered a surprise 25bps rate hike and kept the door open for further policy tightening.
- China has reportedly asked the largest banks to cut deposit rates to boost the economy.
- Ukraine's State Atomic Agency said the destruction of the Kakhova dam poses a risk to the Zaporizhzhia nuclear power plant, but does...