Newsquawk Rundown, Daily Podcast

APAC stocks were mostly positive albeit with gains capped amid the lack of fresh catalysts from over the weekend and as participants await this week’s key events including tomorrow's FOMC minutes release.DXY was pressured and trickled further beneath the 104.00 level amid gains in its major peers; PBoC maintained LPRs as expected.European equity futures are indicative of a flat open after the cash market closed +0.9% on Friday.Yemen’s...

European equities soar with US futures bid but slightly more containedDXY is trending lower towards the 104.00 level, with outperformance in the Yen amid tighter yield differentialsBond bulls rampant, assisted by softer UK Retail Sales, with key yield levels in sightCrude attempts to nurse some losses while industrial metals are subdued but precious metals shineLooking ahead, highlights include US Housing Starts,...

APAC stocks traded mixed with sentiment clouded after the recent soft US data and tumble in oil prices.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed -0.3% yesterday.DXY is contained within a tight range, EUR/USD oscillates around 1.0850, USD/JPY slipped further below 151.Bunds pulled back from recent highs, crude is contained following yesterday's heavy...

European bourses are incrementally weaker, whilst US futures teeter around the unchanged mark; DAX 40 outperforms post-SiemensDXY is slightly firmer with underperformance in the Antipodeans on fairly muted risk sentimentUSTs/EGBs back in the green after briefly retreating alongside downside in Gilts amid hawkish remarks from BoE’s GreenCrude remains on the backfoot while metals march higher, although iron declined overnight amid Chinese...

APAC stocks were mostly negative as the recent data-driven momentum eventually lost steam.US Senate voted to pass the stopgap funding bill to avert a government shutdown, as expected.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 -0.1% after the cash market closed +0.6% yesterday.Biden-Xi meeting was said to be constructive and productive as they agreed to restart cooperation on counter-narcotics...

European bourses & US futures continue to build on post-US CPI gains; FTSE 100 outperforms on softer-than-expected UK CPIDollar finds some reprieve whilst Kiwi outperforms underpinned by encouraging Chinese activity data & GBP underperformsInitial UK CPI-induced Gilt strength lost as core benchmarks pullback modestlyCrude subdued but both precious and base metals extend gains despite a slightly firmer...

APAC stocks followed suit to the global risk-on mood after softer-than-expected US CPI, while the region also digested better-than-expected Chinese activity data.US House voted 336-95 to pass a temporary spending bill that would avert a government shutdown; bill now goes to the Senate.European equity futures are indicative of a slightly firmer open with the Euro Stoxx 50 +0.2% after the cash market closed +0.8% yesterday.DXY is stuck just...

European bourses & US futures are marginally firmer but with price action tentative pre-CPIDXY marginally lower, with EUR bid following German ZEW & Cable testing 1.23Debt futures retain yesterday’s gains, Bunds experienced slight downticks around supply and dataCrude continues to build on Monday's gains; IEA OMR forecasts demand to grow for 2023 & 2024Looking ahead, highlights include US CPI,...

APAC stocks traded somewhat mixed with gains capped as markets await incoming US CPI data.US House Speaker Johnson's plan to prevent a government shutdown will be considered by the House on Tuesday, according to CBS.Hamas armed wing spokesperson said they told mediators they are ready to release up to 70 children and women in a five-day truce.European equity futures are indicative of a relatively flat open with the Euro Stoxx 50...

European bourses are firmer whilst US futures slip going into a busy week & after Moody's updateDXY is lacklustre awaiting US CPI on Tuesday, with AUD extending gains and underpinned by RBA’s KohlerBonds bounce broadly and fairly firmly, though Bunds ultimately unable to reclaim 130.00Crude off worst levels and into positive territory despite initial two-way action, OPEC MOMR dueLooking ahead, highlights...