US equities softer, USD & JPY bid with sentiment tentative ahead of FOMC - Newsquawk US Market Open
US futures are a touch softer ahead of Tier 1 events while European bourses have recovered slightly from initial downside with overall action fairly contained USD bid with the index eclipsing its end-October peak, JPY attempts to claw back post-BoJ downside while NZD slips after jobs numbers Fixed…
Headlines at the Open...
"US futures are a touch softer ahead of Tier 1 events while European bourses have recovered slightly from initial downside with overall action fairly contained
- USD bid with the index eclipsing its end-October peak, JPY attempts to claw back post-BoJ downside while NZD slips after jobs numbers
- Fixed benchmarks cautious but have managed to benefit modestly from the risk tone
- Crude lifted by Iran’s Khamenei reiterating his call for Muslim nations to stop exporting oil to Israel
- The Rafah border crossing has opened from Gaza into Egypt; for humanitarian purposes to allow the transit of foreign nationals and those with severe injuries
- Looking ahead, highlights include US ADP, ISM Manufacturing, Construction Spending, JOLTS, BCB Policy Announcement, FOMC Policy Announcement & Chair Powell, US Treasury Quarterly Refunding Announcement, Speech from SNB’s Jordan. Earnings from Norwegian Cruise Line, Kraft Heinz, PayPal & Qualcomm."