US Market Open: European bourses mixed, US futures firmer, DXY bid & AUD lags; US Durable Goods due
27 Sep 2023, 11:30 by Newsquawk Desk
- European bourses are firmer in early trade, albeit it is hard to see today’s bounce as much more than a reprieve from recent losses with not a great deal changing since yesterday’s close.
- DXY consolidates gains on the 106.00 handle within a 106.16-32 range as month/quarter-end rebalancing demand offsets negative factors.
- Price action in bonds is decidedly more encouraging or less destructive than it has been for a while and decent blocked curve flatteners...