US Market Open: European bourses advance, DXY slightly lower & USTs flat ahead of key US CPI; Fed's Bostic & Musalem due
11 Jul 2024, 11:14 by Newsquawk Desk
- European bourses are entirely in the green whilst US futures take a breather from the prior day’s advances
- Dollar is incrementally softer, GBP benefits from the region’s strong GDP metrics
- Bonds are flat/lower, with Treasuries standing pat as focus remains on US CPI, Gilts marginally underperform
- Crude is incrementally higher, having pared overnight gains; XAU at session highs and base metals are mixed
- Looking ahead,...