Newsquawk Rundown, Daily Podcast

European bourses are firmer across the board with Tech leading after favourable broker actionUS futures in the green but more contained ahead of CPI and Fed speakDXY continues to wane after losing 101.50, with JPY outperforming while antipodeans wane after Central Bank activityCore fixed income is modestly firmer as the recovery rally resumes and yields slip with the US belly heavyCommodities inch higher on the...

APAC stocks traded mixed with the region cautious heading into today’s key US inflation data.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed up by 0.7% yesterday.DXY slipped to a fresh two-month low as USD/JPY moved back below 140 and a firmer PBoC CNY fix, NZD is stronger post-RBNZ.RBNZ kept the OCR unchanged at 5.50% as expected and agreed that the OCR will need to...

European bourses remain firmer but off best levels as sentiment slips throughout the morningStateside, futures in-fitting though action has been more contained and they remain much closer to Unch.DXY fails to benefit from the pullback in risk appetite as CHF and JPY outperform with UST yields pulling back, EUR unreactive to weak ZEWCore benchmarks are bid, with Gilts in-fitting despite hawkish wage metricsCrude...

APAC stocks were mostly positive following the tailwinds from the US while participants also reflected on China's support efforts.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.3% after the cash market closed up by 0.5% yesterday.DXY has extended further beneath 102, EUR/USD is back above 1.10, JPY leads the majors with USD/JPY below 141.Crude futures were marginally firmer owing to the risk tone, USTs...

European bourses are firmer across the board but diverging with their US peers currentlyUSD regains poise with Antipodeans fading and EUR noting OpEx; Scandis lead on CPI & MinutesCore fixed benchmarks are lower despite fleeting bounces ahead of data & several speakersCrude benchmarks remain softer post-Chinese CPI, base metals in-fitting while spot gold is more containedYellen said the US & China...

APAC stocks were mostly positive albeit with gains capped for many of the regional bourses.US equity futures lacked excitement as participants look ahead to this week's risk events including US CPI data; European equity futures are indicative of a lower open.The latest Chinese inflation data missed estimates with zero consumer inflation in the mainland and a deeper contraction in factory gate prices.US Treasury Secretary Yellen had a...

MON: Riksbank Minutes, Bank of Israel Announcement, Chinese Inflation (Jun), Norwegian CPI (Jun), Chinese New, Yuan Loans (Jun)TUE: EIA STEOWED: BoC Announcement, RBNZ Announcement, German CPI Final (Jun), UK Jobs Data (May/Jun), German ZEW Survey (Jul), US CPI (Jun)THU: ECB Minutes, BoK Announcement, OPEC MOMR, IEA OMR, EU-Japan summit, UK GDP (May), US PPI final Demand (Jun)FRI: US University of...

European bourse began in the red, but have since moved modestly into the green; US futures remain softer pre-NFPJPY continues its comeback as spreads tighten to the detriment of the USD, index tethered to 103.00Fixed income has resumed its downward trajectory despite initial two-way action, benchmarks currently at lowsCrude is firmer and benefitting from the USD downside and the week’s OPEC/Saudi remarksLooking...

APAC stocks were mostly lower amid spillover selling from global peers including in the US where the major indices were pressured.DXY remained confined to within a narrow range as price action calmed down from yesterday’s fluctuations, USD/JPY traded on both sides of the 144.00 level.European equity futures are indicative of a slightly higher open after the Euro Stoxx 50 cash closed down by 2.9% yesterday.Some key purchasers of Saudi...

European bourses and US futures are pressured as growth concerns draw focus before key US dataCyclicals lag while defensives outperform, but remain red; Meta is bolstered as Threads launchesDXY slips post-Minutes while USD/JPY reverses through 144.00 and Antipodeans lead despite risk aversionGilts gap lower as BoE tightening expectations continue to lift, EGBs and USTs in-fitting with yields lifting furtherCrude...