The always awesome US Market Open roundup via Newsquawk

Full Note - incl Podcast

  • Euro-bourses see the deepest losses whilst the FTSE 100 is cushioned by the slide in the Pound
  • GBP extended losses in wake of significantly weaker than forecast ONS retail sales data, with Cable sliding to the lowest level since 1985
  • 10yr T-note is almost flat ahead of preliminary Michigan sentiment which will be watched closely for inflation expectations
  • China will impose sanctions on CEO of Raytheon Technologies (RTX) and CEO of Boeing (BA) Defense, Space & Security
  • Looking ahead, highlights include US University of Michigan Prelim., Quad Witching