Mixed trade in APAC as participants bide time ahead of US CPI – Newsquawk Europe Market Open

APAC stocks traded mixed following a soft US handover, although Chinese markets continued to benefit from the easing in China’s overall monetary policy stance.
DXY and UST futures were flat within a tight range as traders look towards the US CPI release ahead of next week’s FOMC meeting.
Crude futures were firmer in a continuation of the China optimism; upside was experienced following reports that the US is weighing harsher oil sanctions against Russia weeks before Trump returns to office.
Europea

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