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Europe Market Open: Wall St. gains reverberated into APAC trade, JPY climbs further
Wednesday, 15 May, 2024
APAC stocks took impetus from the gains on Wall St where major indices rallied to fresh record highs.European equity futures indicate a positive open with Euro Stoxx 50 future up 0.2% after the cash market closed up 0.4% on Wednesday.DXY took a breather from yesterday's data-induced losses, JPY continues to gain vs. the USD. Bund futures continued their advances and crude futures remained underpinned.Looking ahead, highlights include US IJC, Philly Fed, BoE’s Greene, Fed’s Harker, Mester, Bostic & Barr, Supply from Spain, France & US, Earnings from Deutsche Telekom, Siemens, easyJet, Applied Materials, Deere & Walmart.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk