US Market Open: Risk-off continues with equities downbeat and havens bid in limited new newsflow
19 May 2022, 11:45 by Newsquawk Desk
- European bourses are pressured across the board in a broader risk-off move after yesterday's Wall St. sell-off
- Europe not supported by the brief APAC respite on Shanghai's reopening updates, Euro Stoxx 50 -2.3%; ES -1.2%
- DXY is pressured as havens and antipodeans are bid on risk and fiscal/fundamental factors respectively
- Debt resumes its haven rally, with Bunds eclipsing 154.00 and USTs near 120.00
- Crude curtailed...