US Market Open: RTY continues to outperform, DXY flat & Crude at lows ahead of US Retail Sales
16 Jul 2024, 11:05 by Newsquawk Desk
- European equities are entirely in the red; US futures gain, and with clear outperformance in the RTY
- USD gains vs NZD, AUD & JPY, EUR/USD reclaims 1.09 and USD/JPY holds around 158.40
- Bonds are higher following Fed Chair Powell's comments and with yields unwinding some of their Trump-induced steepening
- Crude resides at session lows, XAU gains and eyes its ATH and base metals are mostly lower
- Looking ahead, US...