Europe Market Open: Mixed/subdued trade into quarter-end; data, speakers & supply due
MAR 27, 2024
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  • APAC stocks traded mixed after the subdued handover from Wall St heading into quarter-end and Easter.
  • European equity futures indicate a slightly softer open with the Euro Stoxx 50 future -0.1% after the cash market closed up 0.4% on Tuesday.
  • DXY is a touch firmer on a 104 handle, USD/JPY printed a fresh 33yr high, FX markets are otherwise contained.
  • BoJ's Tamura said that based on the current economic and price outlook, the BoJ is likely to maintain accommodative monetary conditions for the time being.
  • Looking ahead, highlights include Spanish CPI, Retail Sales, EZ Business Sentiment, Riksbank & SARB Policy Announcement, BoJ SOO, Comments from ECB’s Cipollone, Elderson & Fed's Waller, Supply from Italy, Germany & US.

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