<p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2919-us-market-open-us-futures-firmer-dxy-downbeat-fixed-offbest-after-hawkish-snbnorges-action“ target=“_blank“ rel=“nofollow“>Newsquawk’s US Market Open: US futures firmer & DXY downbeat; fixed off-best after hawkish SNB/Norges action</a></p><p>6 Things You Need to Know</p><p>
European bourses are softer while US futures are firmer, but still shy of Wednesday’s best levels.
</p><p>USD remains on the backfoot after Wednesday’s FOMC, Antipodeans lead and GBP rises pre-BoE.
</p><p>CHF and NOK benefitted from 50bp and 25bp hikes respectively; EGBs remain underpinned but off best following the hawkish action.
</p><p>USTs remain firmer with yields lower across the curve but slightly above the mid-week trough.
</p><p>Commodities are mixed, with the crude benchmarks attempting to pare back some of their overnight losses while metals glean support from the USD’s downside.
</p><p>US Treasury Secretary Yellen stated that it is worthwhile for Congress to discuss changes to the FDIC deposit insurance and the Treasury is ready to work with lawmakers
6 Things You Need to Know </p>
European bourses are softer while US futures are firmer, but still shy of Wednesday’s best levels.
</p><p>USD remains on the backfoot after Wednesday’s FOMC, Antipodeans lead and GBP rises pre-BoE.
</p><p>CHF and NOK benefitted from 50bp and 25bp hikes respectively; EGBs remain underpinned but off best following the hawkish action.
</p><p>USTs remain firmer with yields lower across the curve but slightly above the mid-week trough.
</p><p>Commodities are mixed, with the crude benchmarks attempting to pare back some of their overnight losses while metals glean support from the USD’s downside.
</p><p>US Treasury Secretary Yellen stated that it is worthwhile for Congress to discuss changes to the FDIC deposit insurance and the Treasury is ready to work with lawmakers
6 Things You Need to Know </p>
This article was written by Ryan Paisey at www.forexlive.com.