Newsquawk Rundown, Daily Podcast

APAC stocks were mostly lower after the losses on Wall St where banking sector fears resurfaced as First Republic Bank shares fell by 50%.First Republic (FRC) is struggling to come up with a viable solution such as a sale of all or part of the bank, according to the FT.US equity futures found some reprieve overnight from big tech earnings; Alphabet +1.7% after-hours, Microsoft +8.5%.European equity futures are indicative of...

European bourses are under pressure continuing the APAC handover with drivers light ex-earnings.SMI outperforms following Nestle, Novartis and ABB while Banking names lag after UBS and Santander.Stateside, futures are lower; FRC -19.5% in pre-market as deposits miss expectation.DXY firmer but at the mid-point of the day's range with JPY outperforming while AUD lags once againCore debt is bid across the board with...

APAC stocks were mostly lower after the mixed performance in the US with the mood in the Asia-Pac region also contained amid the closures in Australia and New ZealandBoJ Governor Ueda said the BoJ sees it appropriate to maintain YCC and easy monetary policyEuropean equity futures are indicative of a softer open with Euro Stoxx 50 future -0.3% after the cash market closed lower by 0.2% yesterdayFX markets are overall contained, EUR/USD...

European bourses/US futures are posting marginal losses in a relatively slow start to a packed week.DXY has slipped towards 101.50 with CHF & EUR outperforming while AUD & JPY lag though overall action is limited.Gilts are flat and leading a modest retreat in EGBs with Bunds pressured by Ifo while USTs remain near APAC peak.Crude and base metals are softer, in-line with broader sentiment, while spot gold is essentially...

APAC stocks were mixed after the lack of macro drivers over the weekend and as participants brace for this week’s key eventsEuropean equity futures are indicative of a contained open with Euro Stoxx 50 future -0.1% after the cash market closed higher by 0.5% on FridayDXY was uneventful on a 101 handle, EUR/USD eyes 1.10 to the upside, AUD the marginal laggard across the majorsRussian Security Council Deputy Chairman Medvedev warned that...

European bourses are mixed/flat overall, as the complex reverted back to opening parameters after a hawkish move lower on the regions Flash PMIs; US futures in-fittingDXY firmer but back below 102.00, JPY outperforms while Antipodeans lag. GBP hit on retail sales and as EUR lifts on PMIs, though OpEx capsEGBs have lifted off troughs after initially dropping on hawkish PMIsCommodities choppy but have been tracking the above market action...

APAC stocks were mostly lower as the region tracked the losses on Wall St where risk sentiment was subdued after mixed earnings releases and disappointing US data.European equity futures are indicative of a contained open with Euro Stoxx 50 future +0.1% after the cash market closed lower by 0.2% yesterday.DXY was steady below the 102 mark, JPY leads the way for G10 FX, AUD lags, other majors are contained.Crude futures remained despondent...

European bourses & US futures are subdued as pressure intensified in European trade without fresh catalyst; TSLA -7.5% pre-market.The DXY is subdued and drifting further from 102.00 to the mixed but contained fortune of peers; NZD lags after CPI miss.Core fixed income pares initial recovery momentum approaching a packed US agenda.Commodities underpressure given the broader tone despite the softer USD, as crude drops further to fresh...

APAC stocks traded rangebound with the region indecisive following the flat handover from the US. Tesla lower by 6.1% after hours post-earnings.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed flat yesterday.DXY lingers just below the 102 mark, FX markets overall contained, NZD the laggard across the majors post-CPI.Crude futures continued to retreat after slipping...

European bourses are in the red as ASML highlights caution among customers & with the macro backdrop influenced by hawkish UK CPI.Stateside, futures are in the red with the NQ lagging as yields increase while banking names are deriving support from WAL's after-hours update.The session is characterised by broad USD strength, seemingly fuelled by yields and JPY underperformance.Though, the latter dynamic briefly lessened following a BoJ...