Europe Market Open: Choppy but contained action ahead of supply & ECB's Lane
MAR 26, 2024
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  • APAC stocks were choppy after a similarly subdued handover from Wall St.
  • European equity futures indicate a contained open with the Euro Stoxx 50 future flat after the cash market closed up 0.3% on Monday.
  • FX markets are steady, DXY holds above 104, PBoC delivered another firmer-than-expected CNY fix.
  • Crude is flat but holding onto recent gains, Bunds attempted to recoup recently lost ground.
  • Looking ahead, highlights include US Durable Goods, Philly Fed Non-manufacturing Business Outlook, Richmond Fed Survey, Comments from RBNZ’s Conway, BoC’s Rogers and ECB’s Lane, Supply from Netherlands, UK, Germany & US

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