US Market Open: Risk-on remains; EUR lifted and debt dented by ECB's Knot, while GBP outperforms
17 May 2022, 11:50 by Newsquawk Desk
- European bourses are firmer across the board, Euro Stoxx 50 +1.7%, taking impetus from and extending on a positive APAC handover as the region's COVID situation improves
- US futures posting similar performance, ES +1.8%, ahead of Retail Sales and multiple Fed speakers including Powell
- EUR lifted and Bunds dented in wake of ECB's hawk-Knot mentioning a 50bp move should not be excluded if data warrants it
- A remark which lifted EUR/USD above...