US Market Open: Equities softer, DXY firmer benefiting from a weaker Yen, Bonds bullish post-UK CPI; FOMC due
MAR 20, 2024
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  • European equities are mostly lower, with the CAC 40 dragged down by Luxury names after Kering issued a profit warning; US equity futures modestly softer
  • DXY firmer, taking impetus from the weaker Yen; USD/JPY above 151.70
  • Bonds hold a bullish bias following softer UK CPI, as attention turns to the FOMC
  • Crude and base metals are softer owing to the firmer Dollar and tentative risk tone
  • Looking ahead, Australian PMIs, FOMC, CNB, BCB Policy Announcements, BoC Minutes, Comments from Fed Chair Powell, ECB's Schnabel, Earnings from General Mills & PDD

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