Newsquawk Rundown, Daily Podcast

APAC stocks began the week mostly subdued as geopolitical tensions lingered and with markets bracing for Tuesday's US CPI data.US military shot down a fourth flying object due to its potential surveillance capabilities after it flew in proximity to sensitive military sites.DXY is marginally firmer, EUR/USD is on a 1.06 handle, JPY lags peers ahead of BoJ Governor announcement.European equity futures are indicative of a contained open with...

European bourses are under pressure, Euro Stoxx 50 -1.2%, in a continuation of APAC/US trade that was exacerbated by the latest geopolitical developments re. Romanian airspace.Stateside, futures are directionally in-fitting with Europe given broader geopolitics-induced action though with marked NQ -1.0% underperformance as yields pick up globally.JPY soared on reports that Ueda will be the gov'ts nomination for BoJ Governor, with USD/JPY dropping to 129.82 from...

APAC stocks were mostly negative after the losses on Wall St where the major indices wiped out initial gains.Chinese inflation data saw headline Y/Y CPI and PPI fall short of expectations.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.6% after the cash market closed up 1.0% yesterday.DXY is back on a 103 handle, EUR/USD and Cable sit on 1.07 and 1.21 handles respectively, antipodeans...

European bourses are firmer across the board with the region benefitting from a heavy earnings docket, heavyweights including Siemens and AstraZeneca were particularly well received.Stateside, futures are firmer across the board as the region recovers from Wednesday's Fed-speak-induced downside, NQ +1.2% modestly outperforms as yields ease.DXY continues to pull back and is sub-103.00, with high-betas and cyclicals outperforming. SEK bolstered by a hawkish Riksbank...

APAC stocks traded mixed after the losses in the US (SPX -1.11%) as participants focused on hawkish aspects of Fed rhetoric.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed flat yesterday.DXY is a touch softer but maintaining 103 status, antipodeans lead the majors, EUR/USD is attempting to recoup lost ground.Bund futures were confined to a tight range overnight whilst price...

European bourses are firmer across the board, Euro Stoxx 50 +0.7%, taking advantage of the Wall St. close and shrugging off indecisive APAC trade.Stateside, futures are in modest negative territory paring some of the post-Powell upside ahead of key speakers incl. Fed's Williams.The USD continues to ease post-Powell though the DXY has lifted comfortably above 103.00 after briefly matching Tuesday's 102.99 trough.EGBs remain under pressure...

APAC stocks were indecisive and failed to sustain the momentum from Wall St where US indices eventually closed at session highs post-Powell.Fed Chair Powell noted that the disinflationary process has begun but also warned that the Fed will have to do more than what is priced in if jobs data continues to come in hot.European equity futures are indicative of a higher open with the Euro Stoxx 50 +1.1% after the cash market closed up 0.1%...

European bourses are modestly firmer, Euro Stoxx 50 +0.2%, after yesterday's pronounced pressure and ahead of key Central Bank speak.Stateside, the picture is very similar to the above though the NQ +0.3% is the incremental outperformer with US yields ever so slightly softer.DXY steady around 103.500 in advance of Fed chair Powell, Aussie boosted by hawkish RBA hike and guidance overnightCore EGBs are softer, though off worst levels, with...

APAC stocks eventually traded mixed after the weak lead from global counterparts as markets continued to ramp up hawkish Fed pricing.RBA lifted the Cash Rate by 25bps to a fresh decade-high and signalled further rate increases ahead.European equity futures are indicative of a contained open with the Euro Stoxx 50 +0.1% after the cash market closed down 1.2% yesterday.DXY has held onto a bulk of recent gains, AUD outperforms post-RBA,...

European bourses are lower across the board, Euro Stoxx 50 -1.5%, as Friday's post-NFP price action continues to reverberate with the NQ lagging.DXY continues to climb as US yields rise across the curve, to the detriment of G10 peers.Additionally, the JPY has been particularly hampered by since refuted reports that current BoJ Deputy Amamiya could be the gov'ts nominee for GovernorCore fixed income continues to fall with yields higher...