US Market Open: European bourses on the backfoot, DXY pivots 104.50 whilst EUR/CHF tests parity
29 Jun 2022, 12:11 by Newsquawk Desk
- European bourses are on the backfoot as the region plays catch-up to the losses on Wall Street yesterday
- US equity futures trade on either side of the unchanged mark with no stand-out performers thus far
- In FX, Dollar is mostly bid, CHF outperforms, JPY is rangy, EUR sees conflicting inflation prints, and antipodeans lag
- Bunds unwind all and a bit more of their hefty post-NRW CPI gains as other German states show smaller inflation slowdowns...