US Market Open: US equity futures modestly firmer, JPY bid amid suspected intervention, Bonds benefit from Spanish/German CPIs
29 Apr 2024, 11:13 by Newsquawk Desk
- European bourses were initially firmer, though have since dipped lower; US futures remain modestly in the green
- Dollar is softer amid hefty USD/JPY selling; the pair rose to 160.00 before sharp downticks with intervention suspected
- Bonds are firmer benefiting from dovish Spanish/German inflation metrics
- Crude is softer as Israel-Gaza truce talks continue; XAU flat and base metals mixed
- Looking ahead, German CPI, EZ...