Europe Market Open: APAC followed Wall. St action where USTs slumped and oil climbed
03 Apr 2024, 06:35 by Newsquawk Desk
- APAC stocks followed suit to losses in the US where treasuries bear-steepened and oil prices ramped up.
- Fed's Daly said there is no urgency to adjust the rate, Mester doesn't see the case for cutting at the next meeting.
- European equity futures indicate a contained open with the Euro Stoxx 50 future flat after the cash market closed lower by 0.8% on Tuesday.
- DXY remains on a 104 handle with FX markets overall steady, USD/JPY lingers...