The @Newsquawk Europe Market Open: APAC stocks Mixed Ahead of NFP, Dock Workers End Strike

  • APAC stocks are mixed as US NFP report looms. US dock workers settle strike. Euro Stoxx 50 futures marginally positive. DXY nears 102. Israel's ground operation in Lebanon to be short-lived. Upcoming data include EZ/UK Construction PMIs, US NFP, and more.

The @Newsquawk Europe Market Open: APAC stocks Mixed Ahead of US NFP, US Dock Workers End Strike

  • APAC stocks traded mixed amid light pertinent catalysts for the region ahead of the latest US NFP report.
  • US dock workers have agreed a deal to end their current strike action.
  • European equity futures are indicative of a marginally positive cash open with the Euro Stoxx 50 future +0.1% after the cash market closed lower by 0.9% on Thursday.
  • DXY sits just below the 102 mark, JPY outperforms major peers, EUR/USD remains on a 1.10 handle.
  • Israel’s ground operation in Lebanon is expected to last no more than a few weeks, according to ABC citing security officials.
  • Looking ahead, highlights include EZ/UK Construction PMIs, US NFP, Canadian Ivey PMI, BoE’s Pill, Fed’s Williams, ECB’s de Guindos & Elderson.
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