The @Newsquawk Europe Market Open: Europe Market Open: US-China talks in focus with US markets closed & ECB speak due
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Things You Need to Know
APAC stocks were mostly
negative following last Friday’s losses on Wall St, while risk appetite was
also contained as markets digested US-China talks.
The meeting between US Secretary of State Blinken and Chinese
Foreign Minister Qin was said to be candid, substantive and constructive
although it lacked any breakthroughs.
European equity futures are indicative of a lower open with the
Euro Stoxx 50 -0.7% after the cash market closed up 0.7% on Friday.
DXY is contained,
EUR/USD and Cable sit on 1.09 and 1.28 handles respectively, JPY leads the
majors, antipodeans lag