The @Newsquawk Europe Market Open: RBA hike 25bp. Israel is open to "short pauses" in Gaza

<p><a href="https://newsquawk.com/daily/article/?id=3281-europe-market-open-rba-hiked-25bp-while-israel-is-open-to-short-pauses-in-gaza" target="_blank" rel="nofollow">The Always awesome Europe Market Open from the lads at Newsquawk</a></p><ul><li>APAC stocks were softer across the board following the prior day’s gains and the choppy/mixed lead from Wall Street.</li><li>DXY gradually inched higher towards the top end of a 105.25-42 APAC range with G10s softer against the Buck to varying degrees.</li><li>RBA hiked its Cash Rate by 25bps as expected to 4.35% from 4.10%, while forward guidance saw a dovish tweak.</li><li>European equity futures are indicative of a softer open with the Eurostoxx 50 -0.3% after cash markets closed -0.4% yesterday.</li><li>Israeli PM Netanyahu says Israel is open to "short pauses" in Gaza, but ruled out a ceasefire.</li><li>Looking ahead, highlights include EZ, German, French &amp; Italian Construction PMI, US International Trade, IBD/TIPP, Manheim Index, NY Fed Q3 Household Debt &amp; Credit Report, UK King's Speech, Speeches from ECB’s de Guindos; Fed’s Schmid, Williams, Logan, Barr &amp; Waller, supply from UK.</li><li>Earnings: Capgemini, CNH Industrial, Daimler Truck, Persimmon, Watches of Switzerland, UBS, eBay, Occidental Petroleum Corp, Datadog.</li></ul>

This article was written by Ryan Paisey at www.forexlive.com.