The @Newsquawk US Market Open: Equities in red, DXY bid & Antipodeans sink post-RBA hike
<p><a href="https://newsquawk.com/daily/article/?id=3282-us-market-open-equities-in-the-red-dxy-bid-antipodeans-sink-postrba-hike-slew-of-fed-speak-due" target="_blank" rel="nofollow">The always awesome Newsquawk US Market Open</a></p><ul><li>European equities/US futures in the red with sentiment sour ahead of a busy day of Fed speak</li><li>Fixed benchmarks are back in bull-flattening mode, lifting from yesterday’s lows pre-supply</li><li>DXY firmly above 105.50, whilst Antipodeans sink on weaker sentiment and post-RBA hike</li><li>As expected, the RBA announced a 25bps hike, ensuing initial upside in the AUD before slipping on weaker forward guidance</li><li>Crude benchmarks pare back yesterday’s gains, with base metals also in the red owing to the firmer Dollar and general market sentiment</li><li>Looking ahead, highlights include US International Trade, IBD/TIPP, Manheim Index, NY Fed Q3 Household Debt & Credit Report, Speeches from Fed’s Goolsbee, Schmid, Williams, Logan, Barr, Waller, UK King's Speech and Earnings from CNH Industrial, Uber, eBay & Occidental Petroleum Corp</li></ul>
This article was written by Ryan Paisey at www.forexlive.com.
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