Euro Market Open: APAC stocks were pressured amid headwinds from the US, DXY hovers around the 104.50 mark, Bunds retraced losses
29 Jun 2022, 06:46 by Newsquawk Desk
- APAC stocks were pressured amid headwinds from the US where disappointing Consumer Confidence data added to growth concerns (S&P 500 -2%)
- European equity futures are indicative of a softer open with Eurostoxx 50 -0.6% after the cash market closed higher by 0.3% yesterday
- DXY hovers around the 104.50 mark, EUR/USD maintains 1.05 status and USD/JPY sits on a 136 handle
- Turkey dropped its opposition to Sweden and Finland’s NATO...