Europe Summary and Highlights 13 Oct
Tech stocks weighed in Asia, yields and USD modestly off in quiet session
Dollar off a touch this morning, after the firmer start to the week yesterday.
Asia-led pressure in tech still a background theme to recent sessions, semiconductors, Kospi and wider Asia equities off 2-5%, and Nasdaq around -0.4%.
Weaker tech-sentiment sessions tending to lean US yields and USD lower, USD/JPY especially, though it would need a much more distinct shift to be a dominant market driver. USD/JPY anyway still finding better supply surface into 159 and back to 158~.
France a fraction tighter, but only within the range of the last few sessions. EUR/USD up a touch but just in line with the wider dollar trade.
German final HICP 3.3% in line with prelim.
US NFIB business optimism 97.9 from 98.7.