Europe Market Open: Mixed APAC trade given an earnings deluge and latest CPI from China
09 Aug 2023, 06:30 by Newsquawk Desk
- APAC stocks traded mixed as participants digested a deluge of earnings releases and the latest inflation data from China
- Chinese inflation data was mixed but showed consumer prices in deflationary territory for the first time in more than two years
- European equity futures are indicative of a firmer open with the Euro Stoxx 50 +0.9% after the cash market closed down by 1.1% yesterday
- DXY is a touch softer, EUR/USD remains sub-1.10, USD/JPY...