US Market Open: Geopolitical developments overshadow better-than-expected ZEW, JPY action on sources
17 Oct 2023, 11:50 by Newsquawk Desk
- European bourses & US futures are mixed to modestly pressured as a better-than-expected ZEW is overshadowed by geopolitics
- EUR off lows given the data and support via expiries at 1.05, action which has pulled the DXY away from its 106.49 peak, JPY action on BoJ sources re. inflation outlook
- Geopolitical updates incl. confirmation that Biden will travel to Israel on Wednesday, since then there has been bouts of punchy rhetoric from Iran’s...