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Before the Bell: ASX to slip, Apple drags Wall Street lower

Australian futures have turned modestly positive late as US stocks pare losses heading into their close. Bitcoin retook $US26,000.

DYX Dropped Below 104 (Close 103.5)

The DYX dropped below 104 (close 103.5). A potential test of the 104.7 end May top is called off for now. EUR/USD jumped to the high 1.08 area (close 1.088). Even the yen received some breathing space after USD/JPY initially jumped well north of 147 (close 145.88). Even so, the USD/JPY uptrend remains intact for now.

DAX Slides Ahead Of ZEW Statistics

DAX Slides Ahead Of ZEW Statistics
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

MORNING BID AMERICAS-U.S. retail therapy as China funk deepens

A look at the day ahead in U.S. and global markets from Mike Dolan, Editor-at-Large, financial industry and financial markets As investors switch attention to the health. -Today at 06:00 am- MarketScreener

China Surprises With Rate Cut, US Retail Sales in Focus

China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy. However, Asian markets displayed a mixed reaction with sentiment whacked by a barrage of disappointing China data published after the rate decision.

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