<p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2840-us-market-open-relatively-contained-trade-ahead-of-key-data-earnings-fomc&utm_source=newsquawk&utm_medium=email&utm_campaign=newsletter&utm_content=us-open“ target=“_blank“ rel=“nofollow“>US Market Open: Relatively contained trade ahead of key data, earnings & FOMC</a></p><p>Key Points: </p><p>European bourses are little changed overall but with a modest positive bias, Euro Stoxx 50 +0.2%, ahead of data points and the FOMC.</p><p>Stateside, futures are a touch softer after yesterday’s strength, ES -0.4%, with an after-market update from Snap weighing on peersThe DXY is subdued and holding modestly below the 102.00 mark with slightly softer US yields vs global peers exerting pressure</p><p>EGBs are firmer but well off initial best levels, with Bunds below 137.00 after more than paring a knee-jerk spike on the EZ Flash CPI release, where once again the headline cooled but core remains hot.</p><p>Crude benchmarks have seen some modest two-way action throughout the morning, though the benchmarks are in relatively narrow ranges and near the unchanged mark overall.</p><p>Looking ahead, highlights include US Final Manufacturing PMI, US ADP, ISM Manufacturing, JOLTS, Construction Spending, FOMC Policy Announcement & Press Conference, OPEC+ JMMC, US Quarterly Refunding Announcement, Earnings from McKesson, AmerisourceBergen, Meta, T-Mobile, Thermo Fisher, & Altria.</p>

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