<p>The always awesome Newsquawk US Market Open report -</p><p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2872-us-market-open-hawkish-action-continues-prefomc-minuteswilliams-fixed-off-worst-postsupply&utm_source=newsquawk&utm_medium=email&utm_campaign=newsletter&utm_content=us-open“ target=“_blank“ rel=“nofollow“>Link</a></p><p>Hawkish action continues pre-FOMC Minutes/Williams; fixed off worst post-supply</p><p>European bourses are softer across the board as hawkish price action remains in full swing, US futures contained pre-Minutes.</p><p>DXY remains underpinned by haven dynamics to modest detriment of peers ex-NZD after a 50bp RBNZ hike and guidance for further tightening.</p><p>Core fixed has bounced following well-received EZ/UK supply, in a rebound from marked initial pressure with Bunds printing a fresh YTD trough.</p><p>Commodities are underpressure by the above risk tone/hawkish dynamics with specific drivers limited though geopols remain in focus.</p><p>Looking ahead, highlights include Fed’s Williams, FOMC Minutes (Feb), S. African Budget Presentation, Supply from the US, Earnings from NVIDIA.</p>

This article was written by Ryan Paisey at www.forexlive.com.