US Market Open: Firmer start to the new year continues, despite soft Chinese NBS PMIs
03 Jan 2023, 11:30 by Newsquawk Desk
- European bourses are firmer across the board, Euro Stoxx 50 +1.4%, as the region's strong start to 2023 continues despite soft Chinese NBS PMIs
- Stateside, futures are supported with the ES back above 3900 ahead of the week's risk events from Wednesday onwards.
- Dollar erases and reverses losses on positional, fundamental and technical grounds with EUR deflated by sub-consensus German state CPIs
- Fixed income boosted by the German inflation...