Newsquawk Rundown, Daily Podcast

A surprise multi-front attack by Hamas on Israel resulted in at least 700 Israeli deaths and prompted Israel to declare war on Hamas.Crude futures have seen intraday gains of more than 5% after Hamas' attack on Israel which Iranian officials reportedly helped to plan.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.3% after the cash market closed up 1.1% on Friday.DXY is marginally firmer, EUR/USD...

European bourses trade on the front foot as indices attempt to recoup lost ground, US futures are trading marginally firmer, with overall sentiment tentative ahead of the big NFP report.DXY is caged to a tight 106.34-55 with FX markets generally steady, Pound perked up enough in early trade to probe 1.2200 and EUR/USD secured a firmer grasp of the 1.0500 handle.Crude futures are choppy with two-way price action seen this morning as the complex consolidates after...

APAC stocks traded mostly higher albeit with some of the upside capped following the inconclusive performance on Wall St.RBI kept the Repurchase Rate unchanged at 6.50%, as expected.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.3% after the cash market closed flat yesterday.DXY is steady just below 106.50, EUR/USD hit resistance at 1.0550, USD/JPY remains sub-149.ECB's...

European bourses are choppy but ultimately trade flat at the time of writing in what has thus far been a session void of incremental macro news.DXY index remains relatively contained between 106.500-840 confines; Antipodeans narrowly outperform; Pound was flagging even before a more contractionary than feared UK construction PMI.Having bounced further Wednesday’s lows, bonds are showing traits of fatigue and a reversion to the bear trend that was in place before...

European bourses are now mostly but modestly firmer after trimming the losses seen at the cash open; US futures scaled back earlier losses to hover around neutral levels.DXY gravitates as Treasury yields slip, risk sentiment improves and various institutions step up intervention - with the index retreating from 107.240.Debt complex feels reprieve following a deeper downturn in futures and an extension in yields.Crude is softer intraday...

APAC stocks declined following the losses on Wall Street where stocks and bonds resumed their slide.European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.2% after the cash market closed down 1.0% yesterday.DXY lingers above the 107 mark, USD/JPY sits on a 149 handle after yesterday's suspected intervention.Japanese Finance Minister Suzuki responded 'no comment' when asked if Japan...

European bourses are a touch softer with yields in focus, US futures slightly firmer ahead of data & Fed speakDXY ran into resistance and has faded from a 107.21 best, but does remain incrementally firmer; Antipodeans lag post on-hold RBAEGBs pressured with BTPs seemingly leading and pulling Gilts and USTs lower in sympathyCrude benchmarks and precious metals little changed overall with the USD...

APAC stocks declined amid the rising global yield environment and the continued absence of some key markets.The RBA unsurprisingly kept rates steady in Governor Bullock's inaugural meeting and with the statement largely a carbon copy from the Lowe era.European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.7% after the cash market closed down 0.9% yesterday.DXY is firmer above 107, EUR/USD is subdued beneath...

European bourses & US futures have given up initial gains but action remains tentative pre-data/Powell and after mixed Chinese PMIsUS House/Senate passed a short-term spending bill, Biden signed a 45-day stop-gap measure into lawDXY is bid on dips and towards the top-end of 106.04-49 parameters with JPY lagging; antipodeans cautious ahead of policy announcementsCore debt benchmarks back under pressure ahead of afternoon...

US House and Senate passed a short-term spending bill to keep the government funded until November 14th.APAC stocks traded mixed in severely holiday-quietened conditions amid the mass closures in the region.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed up 0.3% on Friday.DXY is flat and in tight parameters, AUD lags, JPY also softer after USD/JPY printed an...