US stocks largely closed in the green as the initial downside seen in the wake of a deluge of US data pared – Newsquawk Asia-Pac Market Open

US stocks largely closed in the green as the initial downside seen in the wake of a deluge of US data pared. The Dollar was weaker on Tuesday ahead of the upcoming Christmas break, G10 FX saw gains against the Dollar, with Antipodeans outperforming and buoyed by ongoing strength in metals prices. Treasury curve flattens after strong GDP data. The 5-year auction was decent but saw no reaction, and the 2-year FRN was solid. Oil prices were choppy, but in a very contained range, amid light energy-specific newsflow on Tuesday. Highlights include BoJ Minutes, Japanese Services PPI, Japanese Leading Indicator….