Newsquawk Rundown, Daily Podcast

APAC stocks eventually traded mostly higher but with price action cautious amid geopolitical tensions.US-China tensions lingered after China warned against the US escalating the situation regarding the balloon incident.North Korea test-fired an ICBM and conducted a multiple-rocket launcher drill.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed down 0.5% on...

European bourses & US futures are pressured amid a myriad of hawkish factors, Euro Stoxx 50 -1.0% & ES -0.8%, with more Fed officials scheduled.As such, the USD is bolstered with Antipodeans lagging while EUR & GBP are the relative outperformers, though lower vs USD, given domestic hawkish drivers.Specifically, explicitly hawkish commentary from ECB's Schnabel, hotter-than-expected German PPI and UK Retail Sales exert...

APAC stocks traded negatively as the regional bourses took their cues from the weak performance statesideEuropean equity futures are indicative of a lower open; US equity futures remained subdued heading into a long weekend (ES -0.5%)DXY extended on gains above the 104.00 level amid the higher yield environment; antipodeans lagged amid the risk aversionUS President Biden said he expects to be speaking with Chinese President Xi; Pentagon's...

European bourses are firmer across the board, Euro Stoxx 50 +0.6%, in a continuation of APAC trade with fresh developments somewhat limited ex-earnings.Stateside, futures are little changed overall ahead of data/Fed speak.DXY has come under some modest pressure throughout the morning in what is more of a consolidation than any sustained bout of pressure, with peers modestly firmer.GBP leads amid further reports of an impending N. Ireland...

APAC stocks gained as the region took impetus from the US where participants digested a slew of data releases including stronger-than-expected retail sales.European equity futures are indicative of a positive open with the Euro Stoxx 50 +0.4% after the cash market closed up 1.0% yesterday.DXY is back on a 103 handle, EUR/USD lingers around the 1.07 mark and Cable has recovered from its brief move below 1.20.Crude futures benefitted...

European bourses ex-FTSE 100 are in the green though US futures remain lower after choppy APAC trade, ES -0.4% pre-dataDXY is benefitting from marked GBP pressure following UK CPI, with Cable sub-1.21 and the index holding around 103.50 though off 103.63 bestGilts are significantly outpacing their European and US peers post-inflation, with pricing for a 25bp BoE hike in March moving below 70% vs 89% pre-releaseCrude benchmarks are softer...

APAC stocks were mostly lower following the choppy performance on Wall Street as markets digested sticky US inflation data and subsequent Fed commentary.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.2% after the cash market closed up 0.1% yesterday.DXY is a touch firmer and on a 103 handle, EUR/USD and GBP/USD are on 1.07 and 1.21 handles, antipodeans lagCrude futures trickled lower with headwinds from...

European bourses are modestly firmer, Euro Stoxx 50 +0.3%, in relatively limited newsflow following a mixed APAC with US futures in-fitting pre-CPI.The DXY has been pushed modestly below 103.00 and resides at the lower-end of 102.90-103.26 parameters pre-CPI; GBP & EUR outperform, NZD lags.Reports that the UK & EU could announce a customs deal within two-weeks to resolve the N. Ireland trading disputeCore-EGBs/USTs are firmer but...

APAC stocks eventually traded mixed with a slight positive bias following the firm handover from Wall St (S&P 500 +1.2%).European equity futures are indicative of a flat open with the Euro Stoxx 50 Unch. after the cash market closed up 1.0% yesterday.DXY sits in the low 103's, EUR/USD has reclaimed 1.07 JPY leads G10 FX, NZD narrowly lags.UK and EU could announce a new customs deal within the next two weeks, according to The...

European bourses are modestly firmer with US futures similar but slightly more contained ahead of Tuesday's CPI and the week's Fed speak.USD is bid though peers, ex-JPY, are generally fairly contained overall; USD/JPY up to 132.76 as we await confirmation of Ueda's nomination.EGBs have experienced a firm bounce with technicals and ECB speak perhaps factoring, USTs more contained with yields flat/mixed.WTI March and Brent April futures are...