European bourses are trading higher across the board with the Stoxx 600; US equity futures are also firmer in a continuation of yesterday's gains.DXY succumbs to more intense selling pressure amid softer US Treasury yields and renewed risk appetite; Antipodeans outperform.EGBs rebound following softer-than-expected German Retail Sales, French and pan-EZ inflation metrics.Crude prices have been relatively flat throughout the European...
APAC stocks mostly took impetus from Wall St’s positive lead as yields and oil prices declined from recent peaks.US Senate bill to avert a government shutdown garnered enough votes to advance, as expected.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed up 0.7% yesterday.DXY tested 106 to the downside, major peers trade on the front foot vs. the greenback, antipodeans...
European bourses trade softer following a predominantly negative close yesterday as a lack of positive catalysts keeps sentiment suppressed.DXY settled down under 106.50 after extending gains on Wednesday when various bullish impulses combined to boost the Buck.Bunds and Gilts have been in freefall alongside Eurozone periphery debt, the T-note managed to tread water for the most part.US Senate is to vote today at 16:30BST/11:30EDT on a...
APAC stocks traded mixed following the indecisive performance in the US amid further upside in global yields and higher oil prices.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed up 0.1% yesterday.US Senate is to vote today at 16:30BST/11:30EDT on a motion to proceed the "shell" bill to avoid a shutdown, according to Fox.DXY holds gains above the 106 mark, EUR/USD...
European bourses are firmer in early trade, albeit it is hard to see today’s bounce as much more than a reprieve from recent losses with not a great deal changing since yesterday’s close.DXY consolidates gains on the 106.00 handle within a 106.16-32 range as month/quarter-end rebalancing demand offsets negative factors.Price action in bonds is decidedly more encouraging or less destructive than it has been for a while and decent blocked curve flatteners...
APAC stocks traded mixed as a rebound in Chinese Industrial Profits partially offset the subdued handover from Wall St.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed down 0.9% yesterday.US Senate voted to clear a procedural hurdle of the Senate bipartisan bill to avoid a shutdown; McCarthy says stopgap funding bill will be brought to the House floor on Friday.DXY...
European bourses are on the backfoot but off the worst levels seen at the cash open despite a lack of fresh fundamental headlines, with the UK's FTSE outperforming on a weaker GBP.US futures are pressured amid a generally negative risk tone across the market and a lack of any fresh catalysts.DXY has trimmed earlier upside after initially gaining more ground against the majority of its currency rivals amidst the ongoing rout in debt, and in the run-up to month...
APAC stocks were mostly lower with headwinds from the rising global yield environment.US Senate Republican and Democrat negotiators are nearing a deal on a short-term spending measure, according to Blomberg.European equity futures are indicative of a softer open with Euro Stoxx 50 future -0.2% after the cash market closed down 1.0% yesterday.DXY lingers around the 106 mark, EUR/USD sits on a 1.05 handle, USD/JPY has taken a breather after...
European bourses extended on losses since the cash open, despite no obvious catalyst to drive price action, and with no initial move seen in response to the German Ifo metrics - a release which on balance was better-than-expected. US equity futures reversed their earlier gains and saw an acceleration in losses at one point despite a lack of fresh drivers at the time. The futures have since stabilised around flat levels intraday. DXY retains an underlying...
APAC stocks traded with a mostly negative bias; Evergrande cancelled its creditor meeting and is scrapping its USD 35bln debt restructuring plan.European equity futures are indicative of a softer open with Euro Stoxx 50 futures -0.2% after the cash market closed down 0.1% on Friday.DXY is contained above 105.50, EUR/USD lingers below 1.0650, USD/JPY maintained 148 status, and antipodeans narrowly lagged.House Republicans are said to...
4 min
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