Newsquawk Rundown, Daily Podcast

APAC stocks began the week mostly on the back foot after last Friday’s losses in the US (S&P 500 -1.0%)Reports suggest Japan’s government sounded out BoJ's Amamiya for the position of Governor; later refutedEuropean equity futures are indicative of a lower open with the Euro Stoxx 50 -0.7% after the cash market closed up 0.4% on FridayDXY lingers around the 103 mark, JPY lags post-BoJ reporting, EUR/USD sits on a 1.07...

European bourses trade mostly lower, with little in terms of news flow since the cash open as participants look ahead to the US jobs number.US tech giants see losses in the pre-market following earnings, AAPL -3.5%, AMZN -5.7%, GOOG -4.9%.DXY has given up earlier gains after testing levels close to 102.00 before warning towards 101.50, EUR and GBP reside as the current outperform.Bunds have been down to 138.56 for a 137 tick retracement...

APAC stocks were mixed as participants digested the latest bout of central bank rate hikes and a slew of earnings releases; strong Chinese data failed to inspire.Nasdaq 100 (-1.4%) futures pressured as tech giants Apple, Alphabet and Amazon all fell in extended trade post-earnings.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed up 1.7% yesterday.FX markets were...

European bourses are benefitting from post-FOMC tailwinds with heavyweight earnings reports bolstering performance; US futures are more contained overall.However, the NQ is the standout outperformer post-META, +19% pre-market.The DXY has reclaimed and marginally extended above the 101.00 mark to a current 101.27 peak, after printing a fresh YTD trough at 100.81 post-Fed, to the modest detriment of peers.USTs have seemingly paused for...

FOMC hiked rates by 25bps as expected; noted that inflation has eased somewhat but remains elevated.US stocks (S&P 500 +1.05%) and bonds rallied as the dollar tumbled in the aftermath of the FOMC.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.7% after the cash market closed up 0.2% yesterday.DXY remains pressured with the index on a 100 handle, EUR/USD is above 1.10 ahead of ECB, Cable lingers just...

European bourses are little changed overall but with a modest positive bias, Euro Stoxx 50 +0.2%, ahead of data points and the FOMC.Stateside, futures are a touch softer after yesterday's strength, ES -0.4%, with an after-market update from Snap weighing on peersThe DXY is subdued and holding modestly below the 102.00 mark with slightly softer US yields vs global peers exerting pressureEGBs are firmer but well off initial best levels,...

APAC stocks traded higher after the positive lead from Wall St, although gains were capped ahead of the FOMC and after disappointing Chinese Caixin Manufacturing PMI.European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 +0.1% after the cash market closed up 0.1% yesterday.DXY is flat and just above the 102 mark with major FX pairs relatively contained.The Times reports that the UK and EU reached...

European bourses are lower across the board, Euro Stoxx 50 -0.6%, as the upside after France's CPI fizzled out and reverted back to softer APAC performance.Stateside, futures are similarly pressured and have been in-fitting with European peers throughout the session ahead of key Employment Cost data, ES -0.5%.USD is on the front foot amid the downturn in risk sentiment, EUR pressured post-French CPI while Antipodeans lag despite strong Chinese...

APAC stocks declined following the weak lead from global counterparts, while a rebound in Chinese PMI data failed to inspire a rally in the region.IMF raised its 2023 global GDP growth forecast to 2.9% from 2.7% citing resilience in advanced economies and China reopening.European equity futures are indicative of a weaker open with the Euro Stoxx 50 -0.6% after the cash market closed down 0.5% yesterday.DXY is back on a 102 handle, AUD...

European bourses are in the red, Euro Stoxx 50 -1.0%, as a mixed APAC handover was superseded by a broad-based hawkish reaction to hot Spanish inflation.Stateside, futures are similarly pressured with the NQ -1.2% lagging though it remains above 12k.The DXY was already capped by 102.00 but following Spanish inflation has slipped to a 101.66 trough as EUR/USD lifts comfortably above 1.09 from a 1.0853 base in the ensuing hawkish...