US Market Open: Incremental extension of initial upside with NKE & FDX assisting
21 Dec 2022, 11:15 by Newsquawk Desk
- European bourses have eked out a marginal extension of their initial upside, Euro Stoxx 50 +0.9%, with both newsflow and the schedule ahead sparse.
- ES +0.6%; post-earnings NKE +12.5% & FDX +4.8%
- DXY has managed to attain an incremental foothold at 104.00, with peers ex-NZD generally contained in tight ranges.
- An early recovery bounce has seemingly run out of steam ahead of US 20yr supply, with Bunds and Gilts fading from respective...