Europe Market Open: Lack of drivers left APAC performance mixed; Central Bank speakers ahead
MAR 25, 2024
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  • APAC stocks traded mixed amid a lack of major macro drivers heading into month-end and a slew of data releases.
  • Fed’s Bostic (voter) adjusted his projection to one rate cut this year and at a later start vs. previous view of two cuts.
  • European equity futures indicate a flat open with the Euro Stoxx 50 future unchanged after the cash market closed down 0.4% on Friday.
  • DXY is a touch softer, EUR/USD found support at 1.08, Cable is back on a 1.26 handle, USD/JPY tested 151 to the downside.
  • Looking ahead, highlights include comments from ECB’s Lagarde, Fed’s Bostic & BoE’s Mann, supply from US.

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