Europe Market Open: Asian stocks took impetus from Wall St after recent dovish Fed rhetoric offset hot PPI data, while FOMC Minutes were deemed stale
12 Oct 2023, 06:30 by Newsquawk Desk
- FOMC Minutes stated that officials generally judged risks to achieving the FOMC's goals had become more two-sided.
- APAC stocks were firmer after the region took impetus from the intraday rebound on Wall St.
- European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.4% after the cash market closed down 0.1% yesterday.
- DXY remains on a 105 handle, GBP/USD and USD/JPY are back on 1.23 and 149 handles...