Europe Market Open: Asian stocks declined after yields edged higher post-FOMC Minutes, while participants also digested weak data from the region
17 Aug 2023, 06:25 by Newsquawk Desk
- FOMC minutes stated that most officials saw "significant" upside risks to inflation and could require further tightening; account was otherwise balanced.
- APAC stocks mostly suffered another day of selling and followed suit to the losses on Wall St, participants also reflected on several weak data releases from the region.
- European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.6% after the cash market closed down by 0.1%...