US Market Open: US equities lower, Dollar bid and Kiwi slumped post-RBNZ as attention turns to US GDP and Fed speak
28 Feb 2024, 11:23 by Newsquawk Desk
- European equities are mixed, whilst US futures are entirely in the red, with Nvidia weighing on the NQ
- Dollar is firmer and reclaims 104 status, focus remains on USD/JPY with YTD high in sights; Kiwi underperforms following a dovish hold at the RBNZ
- Bonds are incrementally firmer with specifics light and supply heavy, awaiting US GDP 2nd estimate
- Crude and base metals are hampered by the firmer Dollar
- Looking ahead,...