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US Futures Follow Europe Higher; Walmart Earnings in Focus

EQUITIES
  • US equity futures on the follow, with the three major index futures following in lockstep with European markets to hit a new session high - E-mini S&P now within range of 4206.25, the next key upside level. Following mixed updates from Home Depot, TJX and Target this week, focus turns to Walmart's earnings update today at 1200BST/0700ET. Expected to report EPS of $1.311 ahead of the open.
  • More buoyant risk sentiment feeding through to currencies, tipping USD/JPY to a new 2023 high - the mid-Dec high of 138.17 remains the next target.

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