Europe Market Open: APAC stocks follow the Wall St. post-Powell declines, geopolitical tensions rise
20 Oct 2023, 06:27 by Newsquawk Desk
- APAC stocks mostly declined following the losses on Wall St post-Powell and as geopolitical tensions remain high.
- Fed Chair Powell suggested that policy was not too tight but also noted that higher bond yields at the margin could reduce the need for the Fed to tighten.
- Israel's military received the 'green light' to move into Gaza, according to ABC News citing an Israeli official.
- European equity futures are indicative of a lower open with...