US Market Open: Continued risk off sentiment; focus on BoE; Fed speak, AAPL & AMZN earnings due
03 Aug 2023, 11:17 by Newsquawk Desk
- European bourses & US futures continue to slump in an extension of Wednesday’s price action with yields on the up
- EGBs/USTs continue to drop and have made new lows below the post-Refunding/Fitch trough, Gilts pressured further pre-BoE
- Further upside for the USD with JPY outperforming on haven action while EUR & GBP slip
- Commodities are in-fitting with the above risk tone and accompanying USD strength; complex is conscious of punchy...