US Market Open: Generally constructive, though choppy, price action ahead of US CPI
13 Dec 2022, 11:35 by Newsquawk Desk
- European bourses are firmer across the board Euro Stoxx 50 +0.8%, though action has been choppy with fresh drivers limited.
- US futures are similarly bid, though comparably more contained ahead of CPI and 30yr supply
- DXY is bid, but has been unable to convincingly breach the 105.00 mark despite a brief foray to 105.09, with peers generally contained vs USD.
- EGBs have been pressured throughout the morning, with Bunds initially lagging though...