APAC stocks were lacklustre in the absence of any major positive macro drivers and following the flat handover from Wall St.European equity futures are indicative of a contained open with Euro Stoxx 50 future +0.1% after the cash market closed +0.6% yesterday.FX markets are steady, DXY remains sub-1.02, EUR/USD and Cable sit on 1.09 and 1.24 handles respectively.Netflix beat on the bottom line but missed on subscriber additions and Q2...
European bourses are firmer across the board and were resilient to softer than expected ZEW numbers with earnings in full-focus.Stateside, futures are in the green with the NQ outperforming a touch as yields ease off highs while the broader focus is firmly on upcoming bank earnings.DXY pulls back below 102.00 with the AUD, after hawkish RBA minutes, leading broad USD-induced downside.USTs and EGBs feature a modest upward skew while Gilts...
APAC stocks traded mostly subdued and failed to benefit from the slew of data from China including stronger GDP.Chinese Y/Y GDP topped forecasts, IP and Fixed Asset Investments printed below expectations, Retail Sales surged by a double-digit percentage.European equity futures are indicative of a contained cash open, with Euro Stoxx 50 future +0.1% after the cash market closed -0.5% yesterday.DXY holds onto gains and the 102 handle,...
European bourses are mixed after initial tentative upside, with newsflow limited and specific catalysts light.Stateside, futures have been pivoting the unchanged mark throughout the APAC session and European morning ahead of earnings.DXY remains underpinned in fairly narrow parameters with peers generally contained though JPY lags.Fixed income remains bearish with yields rebounding but currently off best levels with action more evident at...
APAC stocks traded mostly higher albeit with gains capped in the absence of any major macro catalysts from over the weekend.European equity futures are indicative of a slightly firmer cash open, with Euro Stoxx 50 future +0.2% after the cash market closed +0.6% on Friday.DXY was steady overnight above 101.50, EUR/USD lingers below 1.10, Cable and USD/JPY sit on 1.24 and 134 handles respectively.US Treasury Secretary Yellen said bank...
European bourses are almost entirely firmer, Euro Stoxx 50 +0.3%, with catalysts ex-earnings lights and the Stoxx 600 on track to see the week out with gains of circa. 1.5%.Stateside futures are tentative with a negative bias ahead of bank earnings; UNH +1.5% post-earnings.DXY remains below 101 but has eased off worst to the modest detriment of peers with action capped near peaks/big figuresFixed income spent the morning contained, but...
APAC stocks traded with modest and cautious gains with upside momentum somewhat waning in what was a catalyst-light sessionDXY printed fresh incremental YTD lows overnight of 100.78 as APAC players reacted to the latest batch of US dataUS House Republicans are considering a proposal that would kick the debate over the US debt limit to 2024, according to Bloomberg sources.European equity futures are indicative of a slightly firmer cash...
European bourses are somewhat mixed with heavyweight LVMH skewing performance to the upside, US futures slightly firmerDXY continues to retreat from NFP peaks with EUR near YTD best and GBP above 1.25EGBs and USTs continue to fade with only fleeting upside arising from well received Gilt supplyECB debate reportedly converging around 25bp for May, via Reuters; though some argue for 50bp or Unch.Commodities...
APAC stocks initially opened lower but eventually traded mixed as the region pondered over the latest US CPI report and Wall Street losses.FOMC Minutes suggested several participants noted they considered whether it would be appropriate to leave rates unchanged at the meeting.DXY traded on either side of 101.50 after finding support at yesterday's low of 101.44, EUR/USD failed to breach resistance 1.1000.European equity futures are...
European bourses and US futures are essentially unchanged despite brief geopolitical jitters ahead of US CPI.China intends to impose a no-fly zone near Taiwan on April 16th for a "falling object", initial guidance was reportedly for a three-day period.FX complex is contained with the DXY slightly softer amid mixed Fed speak, antipodeans and the EUR are marginally firmer.Debt continues to drift lower despite bouts of consolidation around...
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