US Market Open: Stocks slip post-HD earnings, Fed speak & Biden/McCarthy ahead
16 May 2023, 11:20 by Newsquawk Desk
- European bourses are relatively contained, but off best after downbeat/mixed ZEW
- US futures spent the morning rangebound though have similarly dipped post-HD earnings, -4% pre-market
- President Biden is to meet McCarthy at 15:00ET/20:00BST, Yellen to speak beforehand
- DXY continues to retreat despite initial fleeting upside with G10s firmer, GBP picks up after weak labour data
- AUD, Yuan and base metals are dented by...