Newsquawk Rundown, Daily Podcast

European bourses are under modest pressure as benchmarks gradually dip in catalyst thin trade; US futures near unchangedDXY is incrementally softer with GBP the standout outperformer post UK GDPGiven the above, Gilts lag though EGBs are also lower while USTs remain afloat pre-dataCrude benchmarks are near unchanged after Thursday’s subdued settlement, XAU bidLooking ahead, highlights include US PPI & UoM...

APAC stocks traded mostly lower after the post-CPI dovish unwinding seen stateside, Chinese property concerns and holiday-thinned conditions.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.6% after the cash market closed up by 1.6% yesterday.DXY is contained just above the 102.50 mark, USD/JPY eyes 145, EUR/USD sits just below 1.10.Looking ahead, highlights include French Unemployment Rate, UK GDP,...

European bourses are in the green, with sentiment inching higher in pre-CPI tradeStateside, futures are taking impetus from the above and recouping some of Wednesday’s pressureDXY lags in the FX space with CHF taking advantage while JPY lags on yield dynamics, EUR & GBP both bidCore fixed benchmarks are in the red with US yields higher across the curve but action remains limitedCommodities hold a positive...

US stocks finished lower in a choppy session with catalysts extremely light; APAC stocks were mixed with the regional bourses mostly rangebound amid a slew of earnings releases and with the mood tentative.European equity futures are indicative of a firmer open with the Euro Stoxx 50 +0.6% after the cash market closed up by 0.7% yesterday.DXY traded flat around the 102.50 level as participants lacked conviction heading into the US CPI data; 10yr UST futures were...

European bourses are firmer as the tone improves while US futures attempted to claw back recent downsideDXY dips under 102.50, Yuan in focus during APAC hours given Chinese inflation; Antipodeans leadCore fixed benchmarks are relatively contained, Gilts bid and Bunds pressured post supply, US 10yr dueCrude benchmarks inch higher, with focus on earlier Saudi updates while metals derive support from the USDChinese...

APAC stocks traded mixed as participants digested a deluge of earnings releases and the latest inflation data from ChinaChinese inflation data was mixed but showed consumer prices in deflationary territory for the first time in more than two yearsEuropean equity futures are indicative of a firmer open with the Euro Stoxx 50 +0.9% after the cash market closed down by 1.1% yesterdayDXY is a touch softer, EUR/USD remains sub-1.10, USD/JPY...

European bourses are lower given the risk tone post-China trade, banking names lag after an Italian windfall taxStateside, futures are also in the red and feature continued underperformance in the RTYGiven the tone after downbeat Chinese trade the DXY continues to lift with Antipodeans laggingBunds surpassed last week’s best after a strong Bobl auction with the complex bid on the tone ahead of US 3yr supply & Fed...

APAC stocks traded mixed after the early optimism following the positive lead from Wall St was souredThis came as Chinese markets entered the fray, while the region also digested disappointing Chinese trade dataEuropean equity futures are indicative of a slightly lower open with the Euro Stoxx 50 -0.1% after the cash market closed up by 0.1% yesterdayDXY heads into the European session firmer, JPY lags with USD/JPY above 143, EUR/USD...

European bourses are pressured with fresh drivers light and price action continuing from subdued APAC tradeStateside, futures are more constructive with the NQ leading despite yield upside given last week’s pressureDXY is bid to the detriment of G10 peers with havens lagging as yields liftDebt dips with Central Bank speak taking centre stage; Bowman said more hikes likely while Williams said we are pretty close to peak...

APAC stocks began the week mostly negative following on from last Friday's late retreat on Wall Street.Fed’s Bowman (voter) said more US rate hikes will likely be needed.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.3% after the cash market closed up by 0.7% on Friday.FX markets are contained with DXY steady just above 102, JPY marginally lags, EUR/USD eyes 1.10 to the...