APAC stocks mostly declined after the flimsy handover from Wall St and tentativeness ahead of key inflation data and earnings.European equity futures are indicative of a lower open with Euro Stoxx 50 futures -0.3% after the cash market closed up by 0.4% on Tuesday.DXY is steady above the 102.50 mark, USD/JPY is approaching 145 following soft Japanese wage data.Australian monthly CPI data was softer than expected but remained well...

European equities and US futures are modestly weaker; Russell (-0.9%) underperforms giving back yesterday’s advancesDollar is incrementally firmer, Yen continues to make up groundBonds are modestly pressured, Gilts got a slight boost after a strong Gilt auctionCrude extends gains as it attempts to pare back the prior day's losses and amid geopolitical tailwindsLooking ahead, US International Trade, Canadian...

APAC stocks traded higher as the region took impetus from the gains on Wall Street where tech outperformed.Fed's Bowman said policy appears to be sufficiently restrictive, Bostic reiterated his call for 2 x 25bps rate cuts this year.European equity futures are indicative of a higher open with Euro Stoxx 50 futures +0.3% after the cash market closed up by 0.5% on Monday.DXY is a touch softer but maintaining 102 status, JPY is the marginal...

European and US Futures are modestly lower, amid the broader negative risk toneBoeing -8.5% pre-market after the FAA ordered a grounding/inspection of 737 Max 9 operated by US airlinesDollar holds within a tight range; Antipodeans lag & JPY bid in-fitting with the risk-averse environmentBonds divergent, with Treasuries holding around flat whilst Bunds dip lowerCrude is markedly lower alongside base metals,...

APAC stocks gradually deteriorated following a muted start and last Friday’s post-data whipsawing stateside.US House Speaker Johnson said congressional leaders reached a spending level deal in which the topline figure for FY24 is USD 1.6tln.European equity futures are indicative of a slightly lower open with Euro Stoxx 50 futures -0.2% after the cash market closed down by 0.2% on Friday.DXY contained sub-102.50, JPY the marginal G10...

US Equities post losses but to a lesser magnitude than their European counterparts, as attention turns to US NFPDollar is firmer and Yen continues its losing run; Antipodeans lower amid a subdued risk toneBunds initially lifted on softer German Retail Sales, though entirely pared the move ahead of key US data; unreactive to Flash EZ HICPWTI and Brent are firmer on reports that the US is drafting plans to respond to Houthi...

APAC stocks eventually traded mixed as the earlier positivity gradually waned despite a lack of major newsflow.DXY traded in a tight range but briefly breached 102.50 to the upside, USD/JPY inched closer towards 145 before waning, and EUR/USD was subdued after falling under 1.0950.Crude futures were firmer whilst Politico sources suggested the US is drafting plans to hit back at Iran-backed Houthi militants.South Korea ordered an...

European bourses and US Futures extend modest gains, though the Russell outperforms paring back the prior day’s hefty lossesDollar is softer and the Pound gains post-final PMI revisions, EUR bid on PMIs with German inflation due; Yen continues its losing streakBonds weaken as attention turns to US data; hawkish reaction after Final PMI revisionsCrude benchmarks are firmer as Middle East tensions continue alongside USD downside, XAU also...

US stocks again saw losses on Wednesday with the Russell 2k heavily underperforming, with two-way action seen on the release of an overall balanced FOMC minutes.FOMC Minutes stated that participants viewed the policy rate as likely at or near its peak. Several participants observed that circumstances might warrant keeping the policy rate at the current level longer than they currently anticipate.APAC stocks traded lower across the board as the risk aversion...

European bourses post significant losses despite limited fresh newsflow, whilst US Futures are negative albeit to a lower magnitude awaiting key US dataDollar is firmer and JPY continues to underperform; Antipodeans diverge as the AUD/NZD cross dips below 1.08.Bonds are pressured with overall specifics light as markets await key US eventsCrude continues to pullback along with Gold, suffering from recent strength in the Dollar and the...